Plastic, perhaps the most important invention of the modern world, is both a blessing and a curse. Right now you are likely wearing plastic, holding plastic or looking at plastic. It is arguably the most common material used in life in North America. Much of this plastic is produced in China, but did you know that until recently most of it was returned there as well? Earlier this year, China banned the import of 24 types of recycled materials, and the impact has sent the world reeling. Until then China processed approximately half of all recycled materials in the world.
The change has led to the redirection of recyclables to landfills and storage units. Recycling works on a commodity market structure, where companies bid to offer recycle services, and most recycling contracts with municipalities last for many years, making it a solid long term relationship. Unfortunately because the recycling market is a bid market, companies are expected to offer recycling services even when prices are low.
More and more Canadians and Americans see the need to recycle plastics. So what is the answer? Incineration plants may provide the solution. While very popular in Japan and Scandinavia, they are relatively unknown here in North America. This may be because of the bad rap they received in the 80s when plastic plants burned too cold to reduce harmful dioxins. New plants that burn at 1560 degrees Fahrenheit can have dioxin emissions at near zero.
So, are you ready to get into the recycling business? If you have $40 – $160 million to invest, maybe this is the ticket for you!
For the rest of us, do your part to reduce and reuse. Do you really need that plastic bag from the store, or is it time to invest a few bucks in a reusable cloth bag?
The SFE Earth Save Program is the perfect way to make your home green! When you choose the Earth Save Program, SFE Energy will offset the carbon emissions your home creates from using electricity and natural gas.
SFE Energy Fixed Rate Natural Gas & Electricity Monthly Customer Rewards Program
Did you know that the world lost more than the equivalent of one soccer field of forest every second in 2017 due to the spike in wild fires? It was reported by the Global Forest Watch to be the second highest recorded annual loss since 2001.* In the United States alone there are currently (https://fsapps.nwcg.gov) over 80 large fires burning in 14 states. Experts have attributed the cause to record-setting temperatures and drought conditions caused by climate change.
Wild fires have a number of environmental effects but one of the most obvious is the loss of trees and habitats for the animals who live among them. SFE Energy recognizes that without trees we would have no clean air to breathe and that is why we have committed to planting one new tree for every customer who participates in our green electricity and/or eco natural gas programs. To date we have planted over 150,000 trees thanks to our environmentally conscious customers. Our partnership with American Forests allows us to plant trees in the states that have seen the most devastation from the fires.
If you are interested in seeing how you can sign up for SFE Energy’s green programs and contribute to rebuilding areas affected by the wild fires, visit our website to learn more about our program.