Sustainability in Action at Oracle

New company will offer solutions to convert plastic waste to value-added products, production of chemicals and fuels from biomass, and decarbonization of existing and future assets.

Solar panels are the most common form of renewable energy for our homes and businesses, with an increasing number of structures electing to install them.  Additionally, we are witnessing a rise in the number of solar energy systems being built, all of which is terrific news for our world and the environment. However, it is critical to comprehend why solar panels are beneficial to the environment, a few of the negative impacts they may now cause, and address them.  Solar panels provide several environmental advantages owing to their green energy and absence of emissions when in use.  Generating electricity is only done at night. Individuals who do not have solar batteries will need to connect to the National Grid if they do not have enough energy to power their homes after dark. It is, however, lowering their reliance on the National Grid by a significant amount. This, in turn, makes it economically attractive.

Many plastic-based building materials that could be recycled aren’t, because most companies haven’t yet figured out how. The AZEK Company cracked this code, and diverted nearly 300 million pounds of waste from landfills in 2019. Every time an office building or an old home is demolished, all of the broken-down materials have to go somewhere. The US Environmental Protection Agency estimates that 230 million to 530 million tons of construction waste are produced annually — and much of that material ends up in landfills. The bulk of construction and demolition waste is old bricks, masonry, concrete, wood and metal; but it’s not exclusively that. Some plastic-based building materials — such as windows, flooring and decking — that could be recycled aren’t, because companies haven’t yet figured out how to collect and reuse the plastic at the heart of these products.