Industry Overview
Garbage: A Global Problem
Currently, the world generates 2.0 billion tonnes of municipal solid waste annually, with that number expected to increase to 3.4 billion tonnes by 2050. Approximately one third of such waste is not managed in an environmentally safe manner, and in fact, most waste globally is currently dumped or disposed of in some form of a landfill.1
Further, based on the volume of waste generated, its composition, and how it is managed, it is estimated that 1.6 billion tonnes of carbon dioxide (CO2) equivalent greenhouse gas emissions were generated from solid waste treatment and disposal (2016), representing 5% of global emissions. This is driven primarily by disposing of waste in open dumps and landfills without landfill gas collection systems.
By using garbage-derived feedstocks of Municipal Solid Waste (“MSW”), including wet organics (compost), plastics (including the problematic single use plastics), tires, paper, cardboard, sawdust, and wood (construction waste, railroad ties, etc.), Cielo is positioned to open the doors to an untapped source of energy.