Reuters blog archive
from Global Investing:
There's cash in that trash.
Analysts at Bank of America/Merrill Lynch are expounding opportunities to profit from the burgeoning waste disposal industry, which it estimates at $1 trillion at present but says could double within the next decade. They have compiled a list of more than 80 companies which may benefit most from the push for recycling waste, generating energy from biomass and building facilities to process or reduce waste. It's an industry that is likely to grow exponentially as incomes rise, especially in emerging economies, BofA/ML says in a note:
We believe that the global dynamics of waste volumes mean that waste management offers numerous opportunities for those with exposure to the value chain. We see opportunities across waste management, industrial treatment, waste-to-energy, wastewater & sewage,...recycling, and sustainable packaging among other areas.
There is no denying there is a problem. Around 11.2 billion tonnes of solid waste are produced by the world's six billion people every day and 70 percent of this goes to landfill. In some emerging economies, over 90 percent is landfilled. And the waste mountain is growing. By 2050, the earth's population will reach 9 billion, while global per capita GDP is projected to quadruple. So waste production will double by 2025 and again from 2025 to 2050, United Nations agencies estimate.
And in emerging markets, challenges and opportunities are both enormous, BofA/ML says. Just Brazil for instance needs investments of $180 billion in this sector. For one, recycling is less widespread. Second, as countries grow richer they produce more rubbish. Third, all big emerging countries have multi-billion dollar plans to improve waste disposal.
from Photographers Blog:
Santana do Parnaiba, Brazil
By Paulo Whitaker
Today's Brazil is synonymous with great promise, as the country of the future with tremendous economic potential. But in terms of our care for the environment, we are far from being a global example.
Although we are the world champion in recycling aluminium cans, we still have many polluted rivers and cities, and our rainforests are being devastated to make room for soybeans, cattle and sugar cane. Recycling cans is high thanks only to the thousands of poor who survive by collecting them.
from India Insight:
Ever wondered what happens to your old mobile phones, computers, television sets and refrigerators the moment you discard them? They are most likely to land in an unauthorised scrap yard waiting to be recycled in a hazardous and unscientific manner -- causing great damage to the environment. The rapid growth of the information technology sector in India has only contributed to this problem of accumulating e-waste or electronic waste.
The government finally woke up to this growing problem a couple of years ago when studies by its information technology department estimated the e-waste burden on the country to touch 800,000 metric tonnes by December. It responded by framing the e-waste (management and handling) rules - 2011 which came into effect this month. While the rules seem impressive on paper, environmental groups have expressed concerns about its ability to bring about change due to the sheer oversight of the ground situation.
from Photographers Blog:
By Ben Nelms
I never thought I would say "that’s delicious" after taking a bite out of expired and moderately warm cashew ice-cream. This was one of the many presumptions that would be broken in my time spent with this intriguing group of "urban gleaners."
A "Freegan" is someone who gathers edible food from the dumpster bins of grocery stores or food stands that would otherwise have been thrown away. This is usually due to being past an expiration date or being damaged. Bread, fruit and vegetables, canned goods and even ice-cream is found and given a second chance.
from Photographers Blog:
By Mariana Bazo
On my numerous trips around the outskirts of Lima I’ve long been struck by the sight of elderly women combing garbage dumps and lugging huge bags filled with recyclable items. I’ve photographed several of them and while talking to them I always get the same story – they pick up bottles, paper and cans they can sell later, and that little money allows them to survive. Some of the women are abandoned and have no relatives, but others prefer to live on their own means rather than depending on handouts. It’s common to hear them say that this is the only job they can get at their age. I often notice a certain glimpse of happiness when they talk about their hard-earned independence.
Peru’s national statistics bureau has published figures that older adults who don’t have retirement plans are forced to develop strategies for survival, to avoid being economically dependent and socially vulnerable, and these garbage pickers fit exactly that description. Many poor elderly women are excluded from social services and have never been in the formal workplace. Many are Andean migrants without the same education opportunities as men, to the extent where many are illiterate.
from Environment Forum:
Every workstation has a view. Much of the lighting comes from reflected sunshine. It's so naturally quiet that unobtrusive speakers pipe in "white noise" to preserve a level of privacy. The windows open, and they're shaded in such a way that there's no glare. Even with the windows closed, fresh air circulates through vents in the floor. Extreme recycling prevails, not just of bottles, cans and kitchen refuse but beetle-blighted wood.
Welcome to the U.S. National Renewable Energy Laboratory, which contains some of the greenest office space on the planet.
from Shop Talk:
Check out how Starbucks is working to persuade you to help save the planet by using fewer of its iconic paper cups.
On Thursday the company, which hands out about 4.75 million cups a day, is giving away free coffee to everyone who brings in a reusable mug or travel tumbler.
from UK News:
It's unlikely to steal the election, but it nevertheless got heads turning and newspapers gnashing.
A plastic bottle thrown into a Taipei recycling bin could be reincarnated as a blanket to warm disaster victims in any of 20 countries, thanks to a unique project by the world's largest Buddhist charity.
The Taiwan Buddhist Tzu Chi Foundation has been taking plastic bottles from the waste stream of Taipei, a city of 2.6 million, for three years to convert them into about 244,000 polyester blankets intended for disaster zones. It has sent volunteers with relief supplies to some of the world's biggest disasters, including Hurricane Katrina in the United States in 2005 and last year's devastating Sichuan earthquake in China.
from Shop Talk:
The online auctioneer announced its first greenhouse gas emissions reduction target on Monday, saying it has committed to a 15-percent cut to its corporate emissions by 2012, over a 2008 baseline.
EBay said it will achieve that target through continuing investments in renewable energy and promoting "sustainable" habits tied to the travel and personal energy use of its 15,000-strong workforce.