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$42 Billion for Smarter Waste Management

Forbes[1]Forbes,$42 Billion for Smarter Waste Management,” by Heather Clancy

 

With the volume of municipal solid waste (MSW) projected to reach 2.2 billion tons by 2023 (compared with 1.5 billion tons this year), communities and businesses are reconsidering disposal strategies with an eye toward minimizing consumption and getting smarter about recovery.

That movement will inspire investments in smart waste technologies to help with collection, processing, energy recovery and disposal, to the tune of $42 billion cumulatively between now and 2023, predicts Navigant Research.

Fertile Opportunity Awaits for Food Waste Processors

Forbes[1]Forbes, “Fertile Opportunity Awaits for Food Waste Processors,” by Heather Clancy.

 

Five-year-old anaerobic digestion company Harvest Power, for example, is processing more than 2 million tons of organic waste per year at its “Energy Garden” facilities, producing approximately 33 million bags of soil and mulch in the process. “In North America, over the next few years, heightened consciousness about the alternatives to dumping organics wastes in landfills will drive tremendous opportunities for companies able to recycle organic wastes into clean energy for our communities and soil enhancement products for our gardens and agricultural land,” noted CEO Kathleen Ligocki early this year.