Report: Global waste industry could double to $2tn by 2020

See on Scoop.itGreen Energy Technologies & Development

Bank of America Merrill Lynch analysis predicts boom in global waste industry as resource crunch bites

Duane Tilden‘s insight:

“We are seeing a shift away from waste as a mandatory public service to waste management as a sustainable business opportunity,” the report states. “We see the fastest growth in the next decade coming from diversion, recycling, recovery of valuable secondary raw materials, waste-to-energy, e-waste and sustainable packaging – as well as from emerging markets. We see considerable low hanging fruit potential given that 70 per cent plus of global waste is currently landfilled. ‘Greening’ waste management will require increasing MSW recycling by a factor of 3.5 times and doubling industrial waste recycling.”

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Recycling makes $en$e – Waste Management World

See on Scoop.itGreen & Sustainable News

For an increasing number of municipalities across Pennsylvania, recycling is as good for the pocketbook as it is for the environment.  That’s been the case in Cranberry, where modern collection methods and recycling programs have lowered collection fees for residents.

Duane Tilden‘s insight:

By limiting how much goes into landfills and boosting totals of recycled goods, municipalities such as Cranberry have become eligible for state grants – either to operate recycling programs or to expand existing ones.

The amount of waste the municipality sends to landfills was 7,619 tons last year, compared with 11,030 tons in 2004. The average amount recycled per person was 670 pounds last year, up from 115 pounds in 2004.

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