Industry Overview

Industry Overview
Market Opportunity

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

Source: World Bank

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.

The Time is Now

Almost every developed country in the world has a mandate to blend renewable fuels. Cielo intends to sell into this growing market. Mandates from federal, provincial and world governments for greener energy supplies make this the right time for waste-to-fuel production.

Conventionally Sourced Fuel Costs are Rising

nrcan.gc.ca
Generally, price per litre of traditional “through the drill bit” production and fuel prices are ever increasing, both in production costs and prices incurred by the consumer. Renewable and biofuels demand a premium in many jurisdictions and offer the opportunity for additional revenue.
Market Opportunity

Cielo’s Waste-to-Fuel Solution – Early Mover in a Growing Global Market

Waste management has become one of the largest, fastest growing solutions industries and Cielo’s proprietary technology cleanly converts waste materials into high-quality transportation fuels.
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