Monday, March 2, 2009
Waste and revenues
Rich countries spend some $120 billion a year disposing of their municipal waste alone and another $150 billion on industrial waste, according to CyclOpe, a French research institute. The amount of waste that countries produce tends to grow in tandem with their economies, and especially with the rate of urbanisation. So waste firms see a rich future in places such as China, India and Brazil, which at present spend only about $5 billion a year collecting and treating their municipal waste.
Source: The Economist
Source: The Economist
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