Recycled metals, plastics, glass, and other materials are more economical than ever. Welcome to a new era of waste management.
Michael J. Coren reports: “For at least a decade, investors poured money into technologies to turn garbage into electricity by burning it. That proved profitable enough. But in the last five years, the economics have changed.”
Investors are convinced, according to Coren, “that waste streams, if efficiently processed, could unlock a profitable new source of materials. Wang says the emerging vision for waste management is using software, analytics, and robotics to better catalogue and process trash at the source in homes and businesses. Companies can stream this data to processors who efficiently acquire, refine, and resell the materials back into the supply chain.”
Coren provides additional details about the shifting flows of capital, as waste management goes from energy production to recycling.
FULL STORY: Tech investors bet they’ll make more money mining garbage than burning it
First New U.S. Waste-to-Energy Plant in 20 Years to Open in Florida
Waste-to-energy plants, or incinerators, are classified as renewable power plants by the EPA. A controversial Baltimore plant is under construction as well. More common in Europe, they may be catching on stateside due to low recycling rates.
New York City’s Trash Problem
The city had ambitious goals to reduce waste, but millions of tons of garbage are still sent to communities around the country each year.
Recyclables Headed to Incinerators or Landfills
China's decision to halt imports of most recyclables from the United States has caused turmoil. With few markets for their recyclables, Philadelphia is sending half of them to a waste-to-energy incinerator in Chester not designed to burn them.
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
New Park Opens in the Santa Clarita Valley
The City of Santa Clarita just celebrated the grand opening of its 38th park, the 10.5-acre Skyline Ranch Park.
U.S. Supreme Court: California's Impact Fees May Violate Takings Clause
A California property owner took El Dorado County to state court after paying a traffic impact fee he felt was exorbitant. He lost in trial court, appellate court, and the California Supreme Court denied review. Then the U.S. Supreme Court acted.
How Urban Form Impacts Housing Affordability
The way we design cities affects housing costs differently than you might think.
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