The millions of tonnes of solid waste materials generated each year in Australia’s material-intensive economy are handled through its waste management facilities which are generally grouped into transfer stations, resource recovery facilities, and landfills. The waste included masonry materials, organics, ash, hazardous waste (mainly contaminated soil), paper and cardboard and metals. There is also core waste that managed within the waste and resource recovery sector. This comprised of municipal solid waste also from households.
Landfilling facilities must follow proper waste handling and management practices. The use of suitable lining systems for waste containment and the implementation of efficient leakage monitoring and detection systems are a must.
Landfills sites should be regularly monitored and given standard directives. Because in addition to emitting methane, which is twenty times more powerful than carbon dioxide, they also require treatment for multiple years to ensure that they do not pollute our environment.
Many countries in Europe have virtually restricted the use of landfills. They are using landfills for less than three percent of waste whereas Australia puts around forty percent of its waste into landfills.
These countries have achieved this by maximising recycling and other technologies. Despite Australians being very good at recycling, waste management needs more attention.
We should start seeing waste as one of the untapped resources that we have. Many private waste management businesses are now considered specialists in their field, whether it’s waste oil, timber, metals, landfill gas, paper, plastics, green waste or organic food matter, they find a way to give it a second chance at life.
Veye Pty Ltd(ABN 58 623 120 865), holds (AFSL No. 523157 ). All information provided by Veye Pty Ltd through its website, reports, and newsletters is general financial product advice only and should not be considered a personal recommendation to buy or sell any asset or security. Before acting on the advice, you should consider whether it’s appropriate to you, in light of your objectives, financial situation, or needs. You should look at the Product Disclosure Statement or other offer document associated with the security or product before making a decision on acquiring the security or product. You can refer to our Terms & Conditions and Financial Services Guide for more information. Any recommendation contained herein may not be suitable for all investors as it does not take into account your personal financial needs or investment objectives. Although Veye takes the utmost care to ensure accuracy of the content and that the information is gathered and processed from reliable resources, we strongly recommend that you seek professional advice from your financial advisor or stockbroker before making any investment decision based on any of our recommendations. All the information we share represents our views on the date of publishing as stocks are subject to real time changes and therefore may change without notice. Please remember that investments can go up and down and past performance is not necessarily indicative of future returns. We request our readers not to interpret our reports as direct recommendations. To the extent permitted by law, Veye Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss, or data corruption) (as mentioned on the website www.veye.com.au), and confirms that the employees and/or associates of Veye Pty Ltd do not hold positions in any of the financial products covered on the website on the date of publishing this report. Veye Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services.