Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Friday, September 17, 2010

We are moving toward a carbon economy

ReliabePlant.com

Individual sectors of the economy have long recognized the importance of carbon and carbon-based materials to their activities, competitiveness and profitability. However, it wasn't until recently that it became clear that carbon will be a major consideration, and perhaps one of a select few key considerations, for industry and the economy in general, both in the United States and abroad.

The importance of carbon can be broken down into three main areas:

•Carbon as a raw material/feedstock basic commodity
•Carbon as a material for emerging technologies and applications
•Carbon as a measure of cost, a medium for exchange, and a key environmental metric.

This article seeks to explore and explain the growing importance carbon has in each of these areas, and how this growth indicates that carbon will be a primary consideration in the economy of the future.

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