Dive Brief:
- Waste Management has announced it created 9.82 million megawatts of energy from waste in 2013. According to figures released by the Energy Information Administration, the entire US solar industry generated 9.25 million MWh.
- The waste and recycling company generates energy and heat by capturing the gases released from trash and transforming waste into thermal energy.
- Waste Management CEO David Steiner said that cardboard is currently the most profitable stream in the company's recycling.
Dive Insight:
In a conversation with Hydrogen Fuel News, Steiner remarked that increased consumer purchasing online has contributed to the increased volume of cardboard, and that there is a larger amount of garbage because "the economy is doing better."
Waste Management is generally on the forefront of trends and not afraid to drop ideas that weren't getting results. Steiner has also been vocal about the challenges facing the recycling industry.