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Clean Technologies and Environmental Policy
Published in: Clean Technologies and Environmental Policy 4/2014

01-04-2014 | News

Green money laundering

Author: John A. Glaser

Published in: Clean Technologies and Environmental Policy | Issue 4/2014

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Excerpt

New banknotes are printed to replace worn or unfit currency each year across the world. The central banks responsible for the currency printing are faced with the environmental challenge of annually disposing of nearly 150,000 tons of notes unfit for recirculation. Banknote soiling has been found to be a yellowing of the notes due to the accumulation of oxidized sebum, a secretion of the sebaceous glands in the human skin. The oily/waxy sebum exudate lubricates the human skin and hair as a natural process. Studies by the De Nederlandsche Bank identified yellowing of the banknotes attributable to the air oxidation of sebum. This contamination leads to mechanical problems with the notes in high speed banknote-counting machines. …
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next article Development of impact assessment methodologies for environmental sustainability

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Metadata
Title
Green money laundering
Author
John A. Glaser
Publication date
01-04-2014
Publisher
Springer Berlin Heidelberg
Published in
Clean Technologies and Environmental Policy / Issue 4/2014
Print ISSN: 1618-954X
Electronic ISSN: 1618-9558
DOI
https://doi.org/10.1007/s10098-014-0751-6

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