The importance of earth abundant catalysts lies in their potential to address several key challenges in catalysis:
1. Cost-Effectiveness: Traditional catalysts often contain precious metals, which are expensive and limited in supply. Earth abundant catalysts can significantly reduce the cost of industrial processes. 2. Sustainability: Utilizing materials that are more readily available aligns with the principles of green chemistry, promoting sustainability and reducing the environmental footprint of chemical processes. 3. Scalability: Since these materials are abundant, they are more feasible for large-scale industrial applications without the concerns of supply shortages.