How will Carbon Emission Reduction Benefits Drive Growth Avenues for Hazardous Waste Management?
Transformative mega trends, increasing prices of raw materials, and supply chain risks set to drive the circular economy benefits of reuse and recycling
Waste management, particularly hazardous waste, is becoming an increasingly complex issue and requires specific, novel collection and handling practices and special management. With population size and industrialization growing, the volume of waste generated may never decrease. With the ongoing gas and energy crisis, the need for energy security is increasing.
• The growing use of nuclear energy in key countries across Europe will also be influenced by new policies, such as the EU Green Taxonomy for the management of generated waste, and disruptive technologies which seek to minimize waste and reduce GHG emissions.
• The opportunity for circular solutions and the recovery of value from key hazardous waste types, such as used oil and paints, is driving growth in this industry.
• The additional impact that the generation of hazardous waste has on climate change and GHG emissions is clear, and various stakeholders must get involved to deal with the situation.
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