Nanotechnology is the ability to measure, see, manipulate and manufacture things usually between 1 and 100 nanometers. A nanometer is one billionth of a meter; a human hair is roughly 100,000 nanometers wide. More than $30 billion in products incorporating nanotechnology were sold globally in 2005. By 2014, Lux Research estimates this figure will grow to $2.6 trillion.
As products made with nanometer-scale materials and devices spread to more industries and markets, there is a growing opportunity and responsibility to leverage nanotechnology to reduce pollution, conserve resources and, ultimately, build a "clean" economy, advises a new report from the Project on Emerging Nanotechnologies.