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Decarbonization is the process of reducing the amount of carbon dioxide in the atmosphere. It is a key component of environmental sustainability and is essential for mitigating the effects of climate change. Decarbonization can be achieved through a variety of methods, such as renewable energy sources, energy efficiency, and carbon capture and storage. Renewable energy sources, such as solar, wind, and hydropower, are becoming increasingly popular as they are more cost-effective and have fewer environmental impacts than traditional energy sources. Energy efficiency measures, such as improved insulation and energy-efficient appliances, can also help reduce carbon emissions. Carbon capture and storage technologies, such as carbon capture and sequestration, can capture carbon dioxide from the atmosphere and store it in underground reservoirs.
The decarbonization market is growing rapidly as governments and businesses around the world recognize the need to reduce carbon emissions. Companies in the market include renewable energy developers, energy efficiency providers, and carbon capture and storage technology providers. Examples include SolarCity, EnerNOC, and Carbon Engineering. Show Less Read more