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[sharechat] WAM- Waste Management


From: "G Stolwyk" <stolwyk@wave.co.nz>
Date: Tue, 6 Nov 2001 12:25:35 +1300


This is a component of the " Working at the coal face series".
 
WAM is at present in a consolidation mode. It  has quietly built some useful connections with Local Bodies and joint ventures  which ought to be rewarding.
 
The key to rubbish collection is landfill sites. Those who control them stand to benefit.
 
There will be a considerable shift of control in 2002 as well as 2003, when some landfill sites will be closed and much of the rubbish will then be diverted to sites owned by WAM.
 
There will be a countereffect in Auckland where recycling methods apparently have reduced the rubbish going to the landfills. At some stage , this can be rectified by charging more at the  gate.
 
Commentators have suggested that a proposed landfill tax on incoming vehicles with rubbish, will benefit WAM.
 
WAM is big in recycling and that is the way to go where possible.
 
WAM also produces electricity from their newer landfills and apparently, this outweighs the effect of carbon production  caused by the trucks, carrying rubbish. 
 
WAM therefore thinks that they they could be entitled to Carbon credits.
 
Altogether, a series of positives which will benefit WAM later in 2002 and onward.
 
Gerry
 
 

 
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