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Sweet smell of profits from trash

Journal Article · · Fortune; (United States)
OSTI ID:5724672
Burning a county's or municipality's refuse and turning is into electricity should take off as a major growth industry, and capital investment in such plants over the next 10 years could reach $20 billion. Charles River Associates predicts that by 1995 some 75 incinerators will be in operation, taking in annual revenues of $4 billion. Unlike the ill-starred attempts to turn profits into trash in the 1970s, the new plants will use a proven technique called mass burning. While there is some concern about dioxin emissions, these plants emit negligible pollution when properly run. Since Americans throw away 170 million tons of household garbage annually - and since the country is fast running out of landfill sites - the refuse problem is especially acute in heavily populated areas. The biggest prizes, of course, for the refuse-to-energy companies will be the big cities; Mayor Koch wants five for New York City, one for each borough.
OSTI ID:
5724672
Journal Information:
Fortune; (United States), Journal Name: Fortune; (United States) Vol. 111:7; ISSN FORTA
Country of Publication:
United States
Language:
English