According to the report, nanotechnology has the potential to transform the way we harness, use and store energy. However, the manufacture of nanotechnology products requires large amounts of energy, and the products may not deliver promised energy. The report also highlights how the technology is primarily used in products that do not provide energy savings, such as clothing, cosmetics and sporting goods. In response to the report, 350.org founder Bill McKibben said, “Very few people have looked beyond the shiny promise of nanotechnology to try and understand how this far-reaching new technique is actually developing. This report is an excellent glimpse inside, and it offers a judicious and balanced account of a subject we need very much to be thinking about. Nanotechnology has been the focus of considerable ‘greenwash’ and industry has promoted it as is a solution to environmental concerns. It is important the public understands that many nanotechnology applications actually come at a high environmental cost. Worse, at a time when we need to reduce our reliance on fossil fuels, there is growing investment in nanotechnology to find and extract more oil and gas,” said report coauthor Georgia Miller, of Friends of the Earth Australia.
Source: Friends of the Earth