AI can bridge circular economy & environmental responsibility
Oil and Gas News|November 2024
As technology evolves, the potential to meet circular economy goals becomes more attainable, but widespread adoption and collaboration across all sectors will be key to realising a sustainable future, JD Ambati tells OGN
ABDULAZIZ KHATTAK
AI can bridge circular economy & environmental responsibility

THE world has a waste crisis; humans generate over 2 billion tonnes of municipal solid waste annually, which is responsible for 20 percent of the world’s human-related methane emissions.

While these statistics are grim, this is a fixable problem.

Currently, the world views and handles waste in a linear fashion. In other words, you buy a product, use it, and then throw it away.

“This produces a huge amount of trash, with a majority ending up in landfills or our environment. Instead of this ‘throw-away economy’, we need to transition to a truly circular economy, one that encourages reuse and recycling of materials,” JD Ambati, Founder & CEO of EverestLabs, tells OGN energy magazine.

A circular economy is a system where materials never become waste and are constantly remanufactured into new products.

Not only does a circular economy fix our waste problem, but it also tackles other global challenges like climate change, biodiversity loss, and reducing greenhouse gas emissions.

By continually remanufacturing materials into new products, this system minimises waste and the environmental impact associated with extraction and production.

There is a lot of work that needs to be done to achieve an efficient and successful circular economy.

It will require the involvement of all stakeholders, including government bodies, consumers, packaging manufacturers, brands, and organisations in the recycling industry, to move from a linear to a circular economy.

Technology, especially AI-powered robotics, is also a crucial enabler in this transition. AI technology can play a pivotal role in specifically supporting two key stakeholders in this transition: the recycling industry and consumer packaged goods (CPG) brands.

TRANSFORMING RECYCLING WITH AI & ROBOTICS

This story is from the November 2024 edition of Oil and Gas News.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the November 2024 edition of Oil and Gas News.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM OIL AND GAS NEWSView All
Ocean light pollution has been invisible for too long
Oil and Gas News

Ocean light pollution has been invisible for too long

Scientists increasingly understand the damage done by artificial light and action is needed now, says Thomas Davies of the Global Ocean Artificial Light at Night Network

time-read
4 mins  |
November 2024
NSK tapered roller bearings selected for wind turbines
Oil and Gas News

NSK tapered roller bearings selected for wind turbines

EUROPEAN wind turbine manufacturer NSK is set to use high-load-capacity tapered roller bearings in its 15 MW class offshore wind turbines.

time-read
1 min  |
November 2024
Syensqo launches extrudable PPS for sustainable piping
Oil and Gas News

Syensqo launches extrudable PPS for sustainable piping

SYENSQO has introduced Ryton PPS XE-5000NA, the first grade of an innovative extrudable polyphenylene sulfide (PPS) technology.

time-read
1 min  |
November 2024
Aspen Technology launches Microgrid Management System
Oil and Gas News

Aspen Technology launches Microgrid Management System

ASPEN Technology has introduced the AspenTech Microgrid Management System (MMS), a solution for heavy electrical power requirements in industries like refining, chemicals, and mining.

time-read
1 min  |
November 2024
Adnoc Gas uses 3D printing for replacement parts
Oil and Gas News

Adnoc Gas uses 3D printing for replacement parts

ADNOC Gas has developed a digital library of critical components for the energy industry, which can be manufactured on demand using advanced 3D printing technology.

time-read
1 min  |
November 2024
Africa's O&G growth offers logistics opportunities
Oil and Gas News

Africa's O&G growth offers logistics opportunities

THE African Export-Import Bank has signed a $162.9 million financing agreement with port infrastructure firm APD-Cameroon to support the construction of a $232.8 million port terminal in Douala in June 2024.

time-read
1 min  |
November 2024
APPO chief urges African unity against EU carbon tax
Oil and Gas News

APPO chief urges African unity against EU carbon tax

DR Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers Organisation (APPO), delivered a powerful message at the AOW - Investing in African Energy conference, calling for a unified African front in the global energy landscape and warning against the detrimental effects of the European Union's planned carbon border adjustment mechanism (CBAM).

time-read
1 min  |
November 2024
UNOC to develop East African Crude Oil Pipeline
Oil and Gas News

UNOC to develop East African Crude Oil Pipeline

THE Uganda National Oil Company (UNOC), in partnership with TotalEnergies, CNOOC, and the Tanzania Petroleum Development Corporation, is leading the development of the East African Crude Oil Pipeline (EACOP), a 1,443km infrastructure project linking Uganda's Tilenga and Kingfisher oilfields to Tanzania's Port of Tanga.

time-read
1 min  |
November 2024
Angola to award 15 new concessions by year-end
Oil and Gas News

Angola to award 15 new concessions by year-end

THE National Oil, Gas & Biofuels Agency (ANPG) – Angola’s concession aire and regulator – announced that 15 new concessions will be awarded in Angola before the end of 2024.

time-read
2 mins  |
November 2024
Rosatom accelerates African nuclear development
Oil and Gas News

Rosatom accelerates African nuclear development

ROSATOM, Russia's state-owned nuclear corporation, is accelerating African nuclear development by supporting the construction of nuclear energy facilities, capacity building, mining activities, and regulatory support.

time-read
1 min  |
November 2024