Future of Carbon Reduction with Technologies

Efforts towards carbon neutrality are expected to accelerate due to technological innovation and policy developments. Companies and governments will continue to reduce emissions through a multifaceted approach, including expanding renewable energy, improving energy efficiency and introducing carbon pricing systems.

Carbon reduction refers to efforts to directly reduce greenhouse gas emissions, especially carbon dioxide, and is one of the key strategies towards achieving carbon neutrality.

The main carbon reduction techniques include:

• Improving energy efficiency: Introducing energy-saving technologies and optimizing facilities
• Renewable Energy Transition: Harnessing clean energy sources such as solar, wind and hydroelectric power
• Adopting sustainable transport: promoting the use of electric vehicles and public transport
• Improving industrial processes: Improving the efficiency of manufacturing processes and introducing low-carbon technologies
• Forest conservation and afforestation: Maintaining and expanding forests as CO2 sinks

Carbon reduction, unlike carbon offsetting, aims to directly reduce emissions at the source, and is therefore effective in reducing the environmental impact in the long term. Companies and organizations are being encouraged to develop carbon reduction plans and achieve sustainable business operations by setting and implementing specific targets.

Global carbon emissions in 2024 are set to hit a record high, reaching 37.4 billion tonnes, up 0.8% from the previous year. This increase is mainly due to the use of fossil gas and oil.

However, there are some positive developments:

• The EU is on track to achieve an 8% emissions reduction by 2023 compared to the previous year, and 37% below 1990 levels .
• The rapid growth of renewable energy is helping to reduce emissions in the power sector.
• 75% of global emissions are now covered by national net- zero targets.
• Carbon pricing has been implemented and has expanded to cover 24% of global emissions.

However, emissions are not yet peaking, and efforts need to be accelerated to meet the target of reducing emissions by 55% below 1990 levels by 2030.

Transition finance is an important financial mechanism to support the decarbonization of high-emitting industries. It allows carbon-intensive industries such as steel and cement to commit to reducing emissions based on long-term decarbonization strategies.

Key features of Transition Finance:

• Supporting the gradual decarbonization of high-emitting companies
• Promoting investment in innovative low-carbon technologies
• Strengthening cooperation between the public and private sectors
• Leveraging the knowledge and experience of carbon-intensive industries while sustaining economic growth and jobs

Unlike green finance, this financial instrument provides capital to companies that cannot immediately become "green," supporting their path to future decarbonization. Effective transition finance requires appropriate government policymaking, regulation of carbon trading markets, strengthened international cooperation, and promotion of innovation.

Emissions monitoring plays a key role in a company's sustainability strategy.

Key benefits include:

• Regulatory Compliance: Ensure compliance with environmental laws and regulations and avoid the risk of penalties
• Cost reduction: Reduce operational costs by improving energy efficiency and identifying wasteful emissions
• Enhanced competitiveness: Demonstrating your sustainability commitment improves your standing with investors and customers
• Risk Management: Developing business strategies to prepare for future carbon pricing and regulatory changes
• Promoting innovation : Accelerating the development and adoption of new low-carbon technologies by identifying emission sources

Emissions monitoring has become an important tool not just for environmental protection but also for optimizing operations and maintaining long-term competitiveness.

Sensor technologies that can help reduce carbon in industrial processes are important tools for efficient emission management and sustainable production.

Of particular interest are the following sensor technologies:

• CO2 Sensor: Measures CO2 concentration with high accuracy and in real time using Non-Dispersive Infrared (NDIR) technology. Used in a wide range of applications such as manufacturing plants, food storage and greenhouses, helping to improve energy efficiency and reduce emissions.
• Triboelectric Dust Monitor: Uses electrostatic charge to detect particles and monitor dust concentration in the air, helping to comply with environmental regulations and improve working conditions.
• Energy consumption sensors: Track granular energy usage patterns from individual equipment to production lines and identify optimization opportunities.

By integrating these sensor technologies, companies can take concrete steps to make production processes more efficient, reduce emissions, and implement sustainable manufacturing practices.