The Business Of Trash | CNBC Marathon
ฝัง
- เผยแพร่เมื่อ 19 พ.ค. 2024
- CNBC Marathon explores the economics of waste management and how the United States is solving its trash problem.
In 2019, the North American waste management market reached $208 billion. Thanks to advancements in modern chemistry and support from municipal governments, landfills have seen astonishing financial success in recent years.
Burning waste to make energy is a $10 billion industry in the U.S., and the fastest growing part of the business is waste from big companies like Amazon, Subaru, Quest Diagnostics and American Airlines. They’re part of a growing corporate movement toward “zero landfill” as pressure mounts to reach sustainability requirements.
It’s estimated that every year, millions of tons of plastic enter the ocean through rivers, and as global waste generation increases, the problem is poised to worsen. But a host of companies from Baltimore, Maryland to Bengaluru, India are working on the issue, developing novel methods to capture trash from rivers before it reaches the ocean.
Dozens of electric vehicles are scheduled to debut in the next few years and over 300 million electric vehicles are expected to be on the world’s roads by 2030. The lifetime for an EV battery is estimated to be 12 to 15 years in moderate climates, but that doesn't mean the batteries end up in landfills when they die.
Chapters:
00:00 Introduction
00:48 How Trash Makes Money In The U.S. (Published July 2021)
15:59 How Amazon, American Airlines And Subaru Burn Waste To Make Energy (Published May 2022)
32:24 How To Clean Up The World’s Most Polluted Rivers (Published August 2022)
46:16 Where Do EV Batteries Go When They Die? (Published March 2023)
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The Business Of Trash | CNBC Marathon
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.
Inflation can have a significant impact on individuals and their cost of living. As a result, it can cause negative market sentiment. It is important for individuals and businesses to find ways to navigate and potentially mitigate the effects of inflation on their finances. The current economic climate, including underperformance of financial markets due to fear of inflation, has led to a decrease in the value of my portfolio. I would appreciate any recommendations on how to potentially increase returns during this market downturn.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over $250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up $450k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.
@@hasede-lg9hj Could you kindly elaborate on the advisor's background and qualifications?
The advisor that guides me is Vivian Carol Gioia, most likely the internet is where to find her basic info, just search her name. She's established.
Congratulations on your new achievement,
Li from China, manufacturer of low-temperature magnetic waste thermal decomposition device
Do you have Acess to waste management companies in China intrested in investing in water business?
@@mahershalalbazYes, many Chinese suppliers
This one dropped just in time for Lunch break!
Yeah man, these are so soothing to watch while eating for some reason
I saved the video for dinner time
I used to have to drive by a landfill to a work site. It did smell and the roads were always dirty as could be. Plastic bags were stuck all over the fences and the land around it.
Thank you for this comprehensive compilation of different aspects of waste sources and management. You interviewed many of the most active players in the fields you covered, and I am glad many of them mentioned the best method of managing waste is to change how we consume goods and services, reducing or eliminating it at the source. I’d like you to put out another report on this aspect, including what is sometimes called extended producer responsibility schemes which incentivize/punish manufacturers on what materials they put out and also helps pay for recovery, recycling and disposal (waste-to-energy, landfill).
Regarding the point about Sweden “overbuilding” waste-to-energy (WTE) capacity, I think it was intentional. They emptied their landfills in roughly a decade (typically reduces volume by 90%, sometimes more) and now import waste from other countries as a source of income and energy. While not optimal, it is better than simply landfilling or open-air burning, which occurs way too often, whether on purpose or by accident.
A higher-temperature version, sometimes called plasma waste conversion, is also useful for destroying toxic compounds as they rip molecules apart by converting them into plasma. It doesn’t eliminate elemental toxins, which have to be captured and bound into inert compounds, and can lead to formation of dioxins like other forms of incineration, but there are established means to capture and contain those. It’s the least profitable method of incineration, but I consider it a form of waste management and hazardous material destruction rather than energy production.
I live near the Sauget, IL incinerator.
They’re one of the only facilities capable of destroying firefighting foam.
I don’t trust their emissions control and reporting…
Great video, i started on a garbage truck and now i operate a transfer station here in Ontario Canada at a local city dump processing recycling materials that we ship out to be sorted. Its nice to see more details of the career choice i have chosen! I love my job and the company i work for pays and takes care of us well!
Hi, your job sounds nice. What do you actually? And are you hiring?? Any remote positions?? I'm studying my compTIA+ right now
Yes, we need a stable job to ensure family expenses, bless you
Another person’s trash is another person treasure! I love the model of converting trash into renewable energy…it is a better option than putting it in landfills!
As a professional trash picker dumpster diver it's saddens me at the rate we are wasting
should be less if you think about it, as inflation makes people have less things and less wages. Kinda weird for people to create more waste. Even myself, I barely make waste. 4 lbs seems a lot in my opinion a day, it would take me some time to reach that.
This incentive to save because of rising prices is offset by the way our firms and corporations function: making products that intentionally don't last so that we can buy more of them. It won't matter if you do everything you can to stretch your computer for ten years, if the motherboard is built to degrade and fail in five. This is a different type of good than inferior goods, which are goods that give the less fortunate access to something that they otherwise wouldn't have. Having experienced the overall, and very positive, impact that capitalism has brought to our well being as individuals, we are now beginning to see its limits and costs: corporate incentives for actions that have very poor alignment with the needs of the collective society, such as poor waste management.
@@koilamaoh4238 What matters is purchasing power not inflation. People think they have less purchasing power because they see prices increase from time to time but it does not tell the whole story. In fact gas prices today in the US are those of almost 100 years ago. 1929 gas price in the US = 0.21 $ per US gallon. Adjusted for inflation equals 3.59 $ per US gallon. Current price of gas around 3.4 $ per US gallon. There is a small detail here, the US went from 1 trillion GDP to over 23 trillion GDP over that same period of time. So people have multiplied by roughly 23 times their purchasing power while gas has remained relatively constant in price since then, this is why Americans live literally in a pool of petrol, people do not realise the amount of petrol they consume or is needed to make their everyday life possible, they spend their time looking at prices and believe they are always losing purchasing power, but overall despite recessions and crisis, people are wealthier than ever. They just suffer in the short term and see higher numbers in prices while forgetting other factors and the context.
This is so depressing. 😢
We humans MUST get a grip over this huge problem. There's really no higher priority. It's a major health issue because of its direct impact on our food & water.
not just our food & water, the entire planet is being polluted with our trash
Worlds gonna implode before we do anyway
Yea this and power generation. Leave cars alone they are so insignificant
Agree bro
Nahhhh!! This is trash.
I studied this topic in my sustainability course in college. Our city has three large landfills 60 miles out in each direction, and all three will be full to capacity in just 2 decades. It will be a bigger problem in the near future.
Gotta love documentaries like these thanks cnbc we need to adress this issue in a productive manner
I live next to a radioactive dumping site that’s near a landfill that’s burning underground.
God Bless STL 😢
That’s still going on?? That started years ago…
@@deeplyclosetedindividual yep, and coldwater creek is still being investigated for radioactive contamination.
Too many humans on earth... this is gross seeing all of it together like that. And we aren't really handling it well at all
Agree bro
I can't help but imagine how waste management was completed in Ancient Greece and Ancient Rome compared to modern times.
There are studies on the subject...
they didnt have plastic
they dont have captalism expansion. what we dealing with today is captalism factory waste.
Help the situation by NEVER throwing metal in the trash. This includes things like old vacuum cleaners as they have copper that can be recycled. Well unless you have a car battery, these need to be tossed in the ocean to recharge the electric eels.
Aren't electric eels confined to fresh water environments like the Amazon River?
🤣🤣🤣
This is issue with trash and recycling is going to become a problem rivaling climate change. We should have laws that require companies that release new products to first submit a viable recycling plan.
But they already put the onos on the consumer I'm sure if they come up with another term like litter bug that will fix the problem
Необходимо задумываться об этом .. многие не представляют масштаб проблемы
Everything is cool, but I would like to see how you talk about your strategy in more detail, what to pay attention to, how to determine when there will be an impulse, etc. So that it would be possible for beginners to understand when it is worth entering the market, and when it is better to wait out and under what situations.
Thanks so much for this piece! Very enlightening and insightful. As an advocate of a sustainable and healthy environment I'm encouraged that their is hope for our environment and offcourse for humanity.❤
Humanity is storing up problems for our children
1:34
This definitely true
While i ♻️ 80% of my 'trash', i know a handful of ppl who only ♻️ 5%
And some places haven't even tried to get businesses, apartment complexes to recycle
“ this insurance thing could be bigger than garbage”- tony soprano😂😂😂
Amazing, we should be proud of ourselves and what we've accomplished. Just look
Great video! Your new trading strategy seems really interesting. I appreciate the detailed explanation and examples you provided. It's always exciting to see innovative approaches to trading that can potentially increase profits. I'm definitely going to give it a try and see how it works for me. Keep up the great work and thank you for sharing your knowledge with us!
Very informative ❤
When you see the claw picking up waste you can see easily recyclable items mixed in as well as other recyclable items. Surely they should deal with this before burning waste!
Proud $wm shareholder
We need laws on plastics now
Yes we do
I wonder how they reduce the amount of recyclable waste coming into the incinerator. Surely they should be investing in facilities to recycle those items that are not collected as much as others.
Very interesting. Thanks.
the problem with burning plants is they can't take construction materials and yard waste
Well done.
I hate it when people consider a waste of energy a form of recycling, it's not it's just burning materials that could otherwise be recycled properly, or bury Nicole the ground
If ppl cleaned and recycled plastic alone. The trash would be eliminated by over 50%. Most of our trash has multiple uses but no one bothers. Billion and possibly a trillion dollar industry easily. 😊
Think green think clean energy replacement of landfilled other states need energy like Albuquerque, NM
when I tell my friends my wealthy father works in waste management they immediately assume he's a mafia boss
It's a very sticky situation.
Good.
Gorgeous Up Adorable Langgeng
They just strunb together 4 mini documentaries
People must stop buying and over consuming! Unfortunately lot of people in the Americas take on loans for unnecessary things, while in Europe we would rather build up the amount to pay for something upfront. I have had an Iphone 7 for 8 years, and I have now bought an Iphone 11 upfront to make an example.
Seems like we just keep adding more landfills tho... seems like a problem?
Break-even, payback time need to be included in the financially feasible analysis.
i have liked and subscribed to this channel
We desperately need subtitles for the man with the Indian accent on zoom😅
Corporations aren’t doing their share of responsibility.
i live next to a landfill in the UK and it stinks on a sunny day plus theres fly’s everywhere.
now this is what i call trash talk 😆
Lol i added this to my watch later cos i thought it was a documentary about musk taking over twitter
They should see the landfills in Mississippi. You can just dump anything into an open landfill. Nothing of what they said about how improved landfills are seems to apply here.
Illegals should be made to sort for recycling in landfills for 5 years to earn citizenship. Work or get deported.
Stopping! Help World 😮
I'm a waste management consultant
Real Talk... Sounds like trash equals cash. How can I get some ???
WisdomTree Recycling Decarbonisation ETf I'm in.
Digital payment received from Jamaica
So much money to be made
monitor only 30 years top? well good luck :3
A seagull’s paradise
It baffles me there is still such a thing as a landfill. It all should be mined of metals and the rest converted to electricity. All landfills should be dug up and the resources used again not just methane.
So 🤔🤔🤔🤔🤔🤔 that's what they do with the trash nice 👍👍👍👍
You think landfills are bad, just wait til we have air and waterfills.
Of course, it’s all money
EV batteries clearly make a lot of money. That Spiers business looks like a storage warehouse for hopey-dreamy. Hopey-dreamy is the #2 way to make money in tech, closely following behind fraud.
true
"Engineering marvel" 😂
Developed countries avoid landfills at all cost, someone will pay for this disaster and they hope it will be after the 30years of monitoring.
Well the trash service price went up a lot
Me at the start of this video “omg I’m going to get a landfill nd be rich!” ….. yeah, right! Almost 2 million just to get it started. 😅
Trash Business has been 2slow 2little. When trash become full resource then the world has a better future.
❤❤❤❤
Tesla has 82 kg of copper, between 25 - 50 grams of silver.
The waste management industry hasn’t been the same sine the days of Anthony Soprano.
This video states that open dump landfills are illegal yet there are countless in Colorado. Also they all just burn off all the methane instead of collecting it.
I don't understand half of the words what Sahadat Hossain is saying, and with expressions, it seems like more passion than knowledge
He's talking about business profits maybe you just don't understand business.
We have zero waste solutions
Same voice from WSJ channel!
Whomever created this video didn't watch the other video (also on this channel) about modern landfills.😂
🎉🎉
$WM FTW
My mommy told me they didn't have cell phones when they were young. That's hard for me to believe
I just don't know where all that money would come from. To transport garbage to another planet
Save Our Planet Now!
How are Volvo and GM leading the way to electrification? Both brands combined total EV sales, were less than 1/18 of Tesla sales...
60k Volvo EV sales YoY. Tesla sold 1 million EVs?
I will say waste management is doing a lot of digging and building in Arkansas
the indian guy. is living the american immigrant dream 🎉
We need to EAT the waste!
Best comment! Compost, grow flowers, that's the way to a healthy sustainable life.
What's the point of the photoshopped image at 1:30?
Can do multiple people telling the same story
Is that narrator Ai, she is in like in a every TH-cam video?
TC, trash is cash
Waiting for the influencering vloger holiday
Neil Tangri is just wrong about Denmark. Look up CopenHill.
Dis companies is ridiculous prices in Colorado to much $
There is literally no profit in recycling EV batteries. All of them will diminish in value until they are junk. Every refurbishment will be more expensive pound-for-pound than the time before. EVs are the worst human endeavor since the internal combustion engine.
Can you recycle gasoline?
batteries sums up us policy, not in my backyard, clothes, batteries even trash and recycling all shipped to countries with little environmental regulations, same with buying all those products, mined and produced with less regulations
🔋
8:52 NATO
someone tell the Fortune 500 companies.
0:35 This is the cringiest laugh I've ever heard and will haunt my nightmares for life.
CNBC what's the justification for showcasing statements for the need for consumers to change their actions, yet absolutely no mentioning of the responsibility of the producers of the material?
CNBC you are contributing to greenwashing and you need to change your actions.
Tell the tweaker there a bunch of scrap copper in the land fill they'll have it out in no time
Citizenship some company Bangladesh development paless
But most of this waste can be recycled! So to say this is a last resort! They should think more carefully!