Energy: Page 9
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Federal lawmakers reintroduce bills calling for billions in food waste recycling and prevention grants
Sponsors of the COMPOST Act and Zero Food Waste Act say an injection of federal funding over 10 years will help scale up local projects. These bills failed to pass last session.
By Megan Quinn • Feb. 3, 2023 -
WTE facility in Long Beach, California, will remain open into 2024 following Covanta contract update
The city’s Southeast Resource Recovery Facility has seen steep tonnage and revenue declines following the passage of a recent state law. Covanta is now assuming financial risks and revenues to avoid its imminent closure.
By Cole Rosengren • Feb. 3, 2023 -
WM 2022 earnings
WM boosts planned MRF and RNG spending by $590M, sees signs of inflation easing
Volumes may be flat, and recycling values are down, but executives hope cost control measures and long-term investments will offset headwinds. They said federal regulations are driving an attractive environment for RNG projects.
By Cole Rosengren • Feb. 1, 2023 -
Battery electric could be 63% of refuse truck sales come 2030: report
Electrification incentives like those in the Inflation Reduction Act may accelerate fleet conversions in the waste industry, a new analysis shows. Mack Trucks and Casella are among the companies working toward that this year.
By Maria Rachal • Jan. 31, 2023 -
WTE trade group reemerges with backing from Covanta, WIN Waste and local governments
The sector’s two largest companies, plus notable public sector facility owners such as Florida’s Miami-Dade County, hope the Waste-to-Energy Association can help them reframe environmental discussions.
By Cole Rosengren • Jan. 31, 2023 -
Q&A
Covanta CEO promises ‘vastly different’ approach for the company
Azeez Mohammed, who joined the company as part of its 2021 sale to EQT Infrastructure, talks through a wave of strategic changes in his first extended interview on the job.
By Cole Rosengren • Jan. 26, 2023 -
Connecticut governor backing EPR for packaging and other policies to increase state’s ‘self-sufficiency’
Gov. Ned Lamont said a combination of EPR, waste diversion and improved organics management will help Connecticut reduce a growing amount of waste exported to other states in the wake of a major WTE facility closing.
By Megan Quinn • Jan. 25, 2023 -
The Waste Dive Outlook on 2023
What you need to know on industry trends to watch, the hiring landscape, fleet maintenance and more to come as the new year gets underway.
By The Waste Dive Team • Updated Feb. 15, 2023 -
Q&A
VLS Environmental sees hazardous waste and PFAS opportunities after latest acquisition
VLS, a private equity-backed company, intends to keep growing in the hazardous and non-hazardous waste sectors. Its latest purchase of Texas Molecular may also open up new opportunities for PFAS disposal.
By Cole Rosengren • Jan. 18, 2023 -
CalRecycle ramping up SB 1383 compliance efforts as it kicks off $155M grant program
Jurisdictions can expect compliance reviews within four years as the state looks to increase progress on a target to cut organic waste disposal 75% by 2025. Additional grant funding for local governments is also being planned.
By Cole Rosengren • Jan. 13, 2023 -
2023 outlook
6 waste and recycling trends to watch in 2023
The effects of ongoing M&A, the biogas boom, and regulatory and financial debates around plastics are among the most complex topics on Waste Dive’s radar in the new year.
By Cole Rosengren , Megan Quinn , Maria Rachal • Jan. 12, 2023 -
Municipalities that ditch curbside recycling are missing out on revenue, Florida report finds
Recent research from the University of Florida and the Florida Recycling Partnership Foundation outlines the financial and environmental effects of multiple local governments dropping their curbside programs in recent years.
By Megan Quinn • Jan. 12, 2023 -
Opinion
Companies can no longer peg food waste recycling as a West Coast initiative
The Sustainable Packaging Coalition’s director of innovation recaps new and expanded drop-off and collection programs, plus new processing facilities to meet that demand, suggesting continued momentum for solutions in 2023.
By Olga Kachook • Jan. 5, 2023 -
By the numbers: 2022 waste and recycling trends with implications for 2023
Key data points on some of the top issues — M&A, ESG, inflation and policy — that illustrate another eventful year for the industry.
By Megan Quinn , Cole Rosengren , Maria Rachal • Jan. 4, 2023 -
BP completes $4.1B acquisition of Archaea
The transaction positions BP as a major developer of renewable natural gas projects at U.S. landfills and caps off a rapid rise for Archaea since it became a public company in 2021.
By Cole Rosengren • Dec. 28, 2022 -
Top interviews with waste and recycling leaders in 2022
Read some of the year’s most popular conversations with CEOs from Republic Services, WIN Waste Innovations, LRS and Vanguard Renewables, as well as leaders from WM, the U.S. EPA and other organizations.
Dec. 22, 2022 -
Archaea shareholders approve $4.1B sale to BP
Recently released proxy filings share new details about joint venture partner Republic Services signing off on the deal. BP’s CEO has described his company as “the natural owner” of Archaea, with exponential growth ahead.
By Cole Rosengren • Dec. 14, 2022 -
WASTECON 2022
Battle Motors CEO talks supply chains, the future of EVs for waste and operating in a ‘cutthroat business’
Michael Patterson, CEO of the industry newcomer that bought Crane Carrier Co., shared insights at this week’s WASTECON about what’s next for rapidly evolving fleet technologies.
By Maria Rachal • Dec. 9, 2022 -
The US waste and recycling industry in 2022 — what you need to know
Stories on M&A, recycling policy and organics recycling expansion — and how the economy and environmental justice considerations are shaping the industry’s path forward — have driven the news this year.
Dec. 5, 2022 -
GFL launches first ESG targets, aiming to reduce GHG emissions 15% by 2030
The Canada-based company’s first set of detailed targets comes after its landfill portfolio has doubled in recent years. GFL is focusing on renewable natural gas projects as well as alternative fuel vehicles in the years ahead.
By Cole Rosengren • Nov. 29, 2022 -
Archaea revenue grows, RNG output rises ahead of sale to BP
The Texas-based company, which specializes in creating energy from gas at landfills and other sites, continues to ramp up operations. A date has also been set for shareholders to approve its $4.1 billion sale to BP.
By Cole Rosengren • Nov. 14, 2022 -
GFL 2022 earnings
GFL Q3 revenue jumps, ESG targets to come this month
GFL Environmental’s revenue bump came amid economic headwinds and notable costs related to fuel, trucks and MRF fires, as discussed on its earnings call Thursday.
By Maria Rachal • Nov. 3, 2022 -
Waste Connections reports a decline in GHG emissions despite acquisitions, sets new ESG targets
The company plans investments in RNG facilities, MRFs and electric collection vehicles as well as new goals to cut Scope 1 and 2 emissions by 15%, building on a recent decline of 7%, it said in its 2022 sustainability report.
By Cole Rosengren • Oct. 31, 2022 -
Q3 earnings results for major waste and recycling companies
Follow the latest round of financial results from WM, Republic Services, Casella Waste Systems, Waste Connections, GFL Environmental and more.
Updated Dec. 1, 2022 -
CWST 2022 earnings
Casella reports 13 acquisitions in 2022, sees M&A opportunity in potential recession
The Vermont-based company said its pricing and fee strategy have worked well in a tight economic environment. Executives also previewed upcoming plans for acquisition and landfill expansion spending.
By Cole Rosengren • Oct. 28, 2022