For the most part, several decades ago the burning of garbage was banned due to the NIMBA (not in my backyard) nature of the concept. However, processing the waste and burning it as fuel has turned billions of tons of garbage and waste globally into a multi-billion dollar resource for bio-fuels and alternative energy.
It has been scientifically documented that 1 ton of waste processed and turned to fuel, such as through burning produces CO2, however, less negative gases are released from burning than if the waste were to sit in a landfill emitting methane gases from decomposition into open-air. In fact, it’s 32% more harmful to the environment sitting in the landfills, and 100% less useful than turning it into the much needed energy source globally.
In fact, having overfilled local landfill capacities in many of the developed world nations is having a devastating effect on many of the developing countries where refuse is now being exported to. As many of the existing ecosystems and rainforests are within the water systems of these countries throughout the world, the impact is local and international as far as global warming is concerned.
A listed firm on the Frankfurt Stock Exchange, Greenwave Bio Limited has coined the phrase the Rubbish Resource as they explore new ways of recycling waste by generating electricity from landfill waste and pollution, in addition to or producing a combustible fuel commodity, such as methane, methanol, ethanol, or synthetic fuels. The rubbish resource is only going to expand in developing countries, such as Africa, Central and South America. Greenwave Bio currently is organizing the waste deposit site and permitting to build such a plant in Central America, with special interest in expanding through-out Panama, Honduras, Guatemala, Nicaragua, Brazil, Mexico, El Salvador, Belize, and Costa Rica. Expansion into developing countries appears to be an ideal strategy with little to no competition, strong requirements for energy, and the developed nations shipping the resource into their backyard. What was a major problem for these developing countries is now a pile of gold.
Waste-to-Energy is a renewable energy based upon combustion creating CO2, and the biomass burned or utilized being regrown to consume the CO2. In addition, nearly all biodegradable waste is biomass. That is, it has biological origin. This material has been formed by plants using atmospheric CO2 typically within the last growing season. If these plants are regrown the CO2 emitted from their combustion will be taken out from the atmosphere once more. Greenwave Bio has also been exploring the opportunity to reforest within the regions of operation to counter any effects of potential CO2. Biomass is considered to be carbon-neutral since the CO2 liberated from the combustion of biomass is recycled in plants. The biomass fraction has a monetary value under multiple greenhouse gas protocols, such as the European Union Emissions Trading Scheme and the Renewable Obligation Certificate program in the United Kingdom.
In Countries such as South Africa, analysis from Frost & Sullivan (http://www.environmental.frost.com), stated South African Waste-to-Energy Market, finds that the market earned revenues of $65.2 million in 2007 and estimates to achieve a compound annual growth rate of 10.5 per cent between 2007 and 2014. The proximity of Central and South America to the USA could prove to be a drastically larger market aside from their own domestic production of garbage resources.
According to a new report from Pike Research entitled “Waste-to-Energy Technology Markets”, worldwide revenues from WTE systems will enter a period of strong growth by 2012, increasing from $3.7 billion in 2010 to nearly $13.6 billion by 2016. “Waste-to-energy plants serve an important dual purpose,” says Pike Research president Clint Wheelock. “They help alleviate the growing municipal solid waste problem, while simultaneously providing much-needed renewable energy and heat sources to local populations. Energy from waste contributes to energy security and diversification, and matches the growing demand for renewable energy in a carbon constrained world.” Today, more than 900 thermal WTE plants operate around the world and treat an estimated 0.2 billion tons of MSW with an output of approximately 130 terawatt hours (TWh) of electricity.
It is important to note, 3 Billion tons of waste are dumped to open air or disposed of improperly every year. This is a high cost to governments, citizens, companies, and our future. With technology that can convert the waste into energy, the rubbish becomes a massive resource that can fuel positive energy into our future. Instead of being the leading producers of methane gas for global warming, we can harness the same negative outcomes and turn it into positive green energy.
Data from the United Nation’s Human Development Index and the Earth Trends database was used to arrive at an estimate of how much waste is produced in 173 countries and how much fuel the same countries annually require.
The research team has calculated that 82.93 billion liters of cellulosic ethanol can be produced by the available landfill waste in the world and the resulting biofuel can reduce global carbon emissions in the range of 29.2% to 86.1% for every unit of energy produced. Roughly 505.7 million barrels of biofuel. That is a massive resource. This doesn’t take into consideration the other combustible fuel potential and positive by-products.
All market indicators point to positive outcomes globally for firms within this sector. As a follower of newly listed firms and mergers on the Frankfurt Stock Exchange, we are happy to profile the advancement of Greenwave Bio Limited into this field.
Greenwave Bio Limited is incorporated in England and Wales, established to be the holding company for its Central and South American Bio Fuel technology rights and prospective projects.
The firm has secured the rights to commercialize Waste to Energy technology within Central and South America, with special interest in Panama, Honduras, Guatemala, Nicaragua, Brazil, Mexico, El Salvador, Belize, and Costa Rica. The company is admitted for trading on the Frankfurt Stock Exchange with the following searchable information, ISIN GB00B688NW04, WKN A1CTRX, symbol 3G0 and the corporate website of http://www.greenwavebio.com
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