09 Aug '12, 2pm

How the world's trash problem presents profit opportunity

How the world's trash problem presents profit opportunity

The skyrocketing growth of solid municipal waste worldwide may have a silver lining: new opportunities for waste management businesses. The volume of municipal solid waste is projected to double by 2025, growing from 1.3 billion tons a year to 2.6 billion tons, according to research from the Worldwatch Institute . Most of that growth is happening in developing countries, said study author Gary Gardner. "The upward trend is at the global level," Gardner said. "Solid waste is the kind of problem that in the past people didn't want to pay attention to. Now people are starting to pay attention to it because it's become a very big deal." The growth of municipal solid waste can be traced to rising incomes and people moving out of rural areas and into crowded cities, he said. "There's been a huge explosion in growth of cities and income," Gardner said. "Prosperity is coming to so...

Full article: http://www.greenbiz.com/blog/2012/08/07/trash-problem-pro...

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