How Trash Makes Money In The U.S.

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  • Опубликовано: 21 июл 2021
  • In 2019, the North American waste management market reached $208 billion. Thanks to advancements in modern chemistry and support from municipal governments, landfills have seen astonishing financial success in recent years. Private companies like Waste Management and Republic Services now own a majority of landfills across the U.S., their stocks outperforming the market every year since 2014. So how exactly are landfills turning a profit out of garbage and just how much money can be made? Watch the video to find out.
    A rising industry
    America has long remained one of the most wasteful countries in the world, generating 239 million metric tons of garbage every year, about 1,600 to 1,700 pounds per person. While some view it as a threat to our environment and society, the solid waste management industry sees an opportunity.
    “It’s a profitable industry,” according to Debra Reinhart, a member of the Board of Scientific Counselors for the EPA. “It’s a difficult industry but it is profitable if it’s done right.”
    Two private companies, Waste Management and Republic Services, lead the solid waste management sector. Together they own about 480 landfills out of the 2,627 landfills across the United States. The two companies have seen staggering performance in the market, with the stock prices of both doubling in the past five years. Both Waste Management and Republic Services declined CNBC’s request for an interview.
    “They’ve learned how to be best-in-class businesses,” said Michael E. Hoffman, a managing director at Stifel Financial. “Their publicly traded stocks outperformed the market handily between 2015 and 2019 and underpinning it is a meaningful improvement in their free cash flow conversion.” The stocks have continued to outperform.
    Tipping fees
    Since its inception, landfills have made a majority of their revenue via tipping fees. These fees are charged to trucks that are dropping off their garbage based on their weight per ton.
    In 2020, municipal solid waste landfills had an average tipping fee of $53.72 per ton. That translates to roughly $1.4 million a year in approximate average gross revenue for small landfills and $43.5 million a year for large landfills just from gate fees.
    Tipping fees have seen steady growth over the past four decades. In 1982, the national average tipping fee sat at $8.07 per ton or about $23.00 when adjusted for inflation. That’s nearly a 133% increase in 35 years.
    While tipping fees make landfills sound like a risk-free business, they are still quite an expensive investment. It can cost about $1.1 million to $1.7 million just to construct, operate and close a landfill. For this reason, private companies have replaced municipal governments to own and operate the majority of the landfills across the U.S.
    “I think it’s because the trend has been to go larger and larger so the small neighborhood dump can’t exist because of the regulations and the sophistication of the design,” Reinhart said. “So we are tending to see large landfills, which do require a lot of investment upfront.”
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    How Landfills Make (A Lot Of) Money In The U.S.

Комментарии • 1,1 тыс.

  • @djp1234
    @djp1234 2 года назад +756

    There is WAAAYYY too much plastic packaging for every product we buy

    • @seanregehr4921
      @seanregehr4921 2 года назад +13

      This is because of all the oil they had to work with. It was as good as printing money without being an actual bank.

    • @alanmay7929
      @alanmay7929 2 года назад +32

      @@seanregehr4921 wrong, its because people buy those products every day, plastics are litteraly everywhere and the usage can be seriously reduced if we really had the mentality to do it.

    • @bricksandblockss934
      @bricksandblockss934 2 года назад +2

      If there was less plastic than there would be less jobs for people in that field

    • @djp1234
      @djp1234 2 года назад +42

      @@bricksandblockss934 those people should go into the cardboard field then

    • @rakeshswami11
      @rakeshswami11 2 года назад +1

      Specially packaged food

  • @cmdr1911
    @cmdr1911 2 года назад +340

    I consulted for a large landfill in Ohio. The landfill ran 365 days a year with over 1000 trucks a day bringing nearly 500 dollars a truck. There is enough capacity to operate for another 113 years with current waste generation. They were developing a gas field to gather and sell renewable natural gas to be used by their own trucks and excess sold to a local operator.
    They also left that the liner has a clay layer under the plastic liner. The geosynthetics are the exposed layers but there are additional protections.

    • @VelcorHF
      @VelcorHF 2 года назад +21

      The people complaining in the video about the law don’t get that the law was created due to abuse and pollution cause by particular sites that left the government with the bill. It’s great that companies are figuring how to turn a profit from waste. Those dumps will eventually become the new mines of the world once we exhaust easily pull able natural resources and it becomes profitable to recycle more.

    • @imyours3549
      @imyours3549 2 года назад +3

      Wow!! It's a great business

    • @TruckTaxiMoveIt
      @TruckTaxiMoveIt 2 года назад +1

      Wow, and thanks

    • @cmdr1911
      @cmdr1911 2 года назад +9

      @see ya Recycling needs a huge investment. There isnt capacity. I have seen sorted recycling sent tonthe landfills becuase there was no avaiable capacity. Storing it wasn't an option so to the fill it went.

    • @crownuk4867
      @crownuk4867 2 года назад +3

      Thanks for the info!

  • @lishav2052
    @lishav2052 2 года назад +145

    I remember meeting an older man at a bar a decade ago, who runs a clothing recycle business. He recycles plastic and old clothes then use the material to make new clothes. I was so grossed out by the idea back then, and told him that I couldn’t wear a clothes that’s made from trash… now I feel regretful of my stupidity and ignorance. I admire him for seeing the potential in such business since decade ago. And I would absolutely buy clothes that are made from recycled materials, as long as it’s comfortable. It’s a great solution for everyone, the planet and species live on it.

    • @Swag6784
      @Swag6784 Год назад

      Can u explain it how he has managed

    • @antisravel3645
      @antisravel3645 Год назад

      ruclips.net/video/0u99wXicVJc/видео.html

    • @sitinuramira783
      @sitinuramira783 6 месяцев назад

      But it is recommended to use cloth which are made from plastic as it can leached our water with microplastics everytime we wash it

  • @augustcarterjr8043
    @augustcarterjr8043 2 года назад +72

    One man’s trash is literally another man’s treasure.

    • @martinc.720
      @martinc.720 8 месяцев назад

      You read that somewhere too?!

  • @benwoodfin9831
    @benwoodfin9831 2 года назад +167

    I work as a QA consultant when cells at Waste Management sites are being constructed and I have to say for a job dealing with literal trash it is so much more interesting than it sounds. As someone who majored in environmental studies I was impressed with just how much though and engineering goes into building these giant trash cans.

    • @fayebanks1878
      @fayebanks1878 Год назад

      Ukraineandrussia and
      Conflict

    • @eliakimbenishchayil
      @eliakimbenishchayil Год назад +1

      The landfill companies provide the land alone for dumping, and the city handles the rest? Or does all the trucks and bulldozers etc. all belong to the owner of the landfill?

    • @benwoodfin9831
      @benwoodfin9831 Год назад

      @@eliakimbenishchayil landfill owns the land, all the equipment and such is owned by contractors hired by the landfills, landfill itself and all the hired contractors handle everything and do all the work. Local governments make money off the taxes landfills have to pay to import trash.

    • @helloimclaudio
      @helloimclaudio Год назад

      Thought *

    • @antisravel3645
      @antisravel3645 Год назад

      ruclips.net/video/0u99wXicVJc/видео.html

  • @Edge61957
    @Edge61957 2 года назад +179

    we’re heading to WALL-E yall

  • @JV-pu8kx
    @JV-pu8kx 2 года назад +22

    Think of all of the materials that go into landfills. So much is going in that could be reused or recycled. It is said the use of plastic shipping bags, like what Amazon frequently uses, could be greener than the cardboard boxes, but only if the bags would get recycled.
    Look at all of the construction and yard waste that goes in. Don't forget the food waste. Food and yard waste can be composted. Some construction waste, depending on condition, can be reused, e.g. cabinets, plumbing and electrical fixtures, hardware, etc. I once saw a This Old House project begin with a Deconstruction contractor. Take the money spent on the contractor, subtract the money made on selling the materials, and the expenses are a wash compared to simply tearing everything out and sending to the dump.

    • @Sycosoulreaver
      @Sycosoulreaver 2 года назад +1

      Really expecting people to do something after the initial creation is not the best approach its preventing it in the first place. We need to go back to reusable materials and tone down consumerism.

    • @NicholasLittlejohn
      @NicholasLittlejohn 2 года назад

      👏

    • @justmyopinion9883
      @justmyopinion9883 2 года назад

      I agree with much of what you say. But---yard waste usually has cat and/or dog poop in it. I wouldn't want to recycle that.

  • @BrutusDunKutus
    @BrutusDunKutus 2 года назад +35

    You smell the trash and I smell the... money!!! Dude!! Cash!!! My brain died at bit..
    This was the perfect moment, glory would have been endless for this men!

  • @dparra119911
    @dparra119911 2 года назад +98

    The Sopranos taught me this.

    • @crossfire7474
      @crossfire7474 2 года назад +1

      My dad taught me this.

    • @pakk82
      @pakk82 2 года назад +4

      quasimodo predicted all this

  • @markbosky
    @markbosky 2 года назад +116

    It will most certainly be profitable to mine dumps in the near-future.

    • @jaygray7102
      @jaygray7102 2 года назад +6

      Like some people "mine" outhouses. All kinds of things used to go down those, whether people wanted them to or not

    • @NicholasLittlejohn
      @NicholasLittlejohn 2 года назад +2

      They do landfill mining in EU and at Sparks NV

    • @scrow9
      @scrow9 2 года назад +2

      Yeah I often wonder why metal isn't harvested from the dump for recycling.

    • @Raja1938
      @Raja1938 2 года назад +1

      @@scrow9 They guy in the video explained because it wasn't economically viable at current prices

  • @kathleenjames3546
    @kathleenjames3546 Год назад +25

    Thank you for sha-ring your thoug-htful content…for
    putting it out there with the passion that many of us need and strive for. I'm starting to listen to you
    almost every morn-ing. Your voice and words are
    calming, clarifying, uplifting and motivating. It feels real and genuine. I am grateful to have your channel as a source for having a better relationship with myself and the world around me?

    • @lindseyland2863
      @lindseyland2863 Год назад

      The power for creating a better future is contained in the present moment, You create a good future by creating a good present.The key to financial freedom and great wealth is a person's ability to convert earned income into passive income to build generational wealth ,this trick has never failed .

    • @judgebush9709
      @judgebush9709 Год назад

      quite interesting to know over 97% of the billionaires we know are all secret investor in crypto, that were they grow their billion dollar portfolio ?

    • @billycruz82
      @billycruz82 Год назад

      Majority of the people are unaware,and careless, when it comes to trading. Despite the fact that it should be the best way to watch your money grow?

    • @mariajones7941
      @mariajones7941 Год назад

      I truly agree with you on that, I must say trading is the future and with the way Bitcoin is growing, it's really advisable for people to trade now.

    • @ChriLuis636
      @ChriLuis636 Год назад

      Initially, my intentions was to start trading Bitcoin full time, I also need good mentorship. Thanks?

  • @dylanblomme4679
    @dylanblomme4679 2 года назад +272

    You know what they say...”one man’s trash is an oligopoly’s treasure.”

    • @blubaylon
      @blubaylon 2 года назад +1

      What's oligopoly?

    • @crow5228
      @crow5228 2 года назад

      the what

    • @GamerbyDesign
      @GamerbyDesign 2 года назад +13

      It's when they have the market cornered because there is limited competition.

    • @Tuanesto
      @Tuanesto 2 года назад +12

      @@blubaylon stay in school kids

    • @tylersheehy3918
      @tylersheehy3918 2 года назад

      when i thow away somthing its trased

  • @AANation360
    @AANation360 2 года назад +82

    Wow this is a topic I never knew could be so interesting

    • @cmdr1911
      @cmdr1911 2 года назад +9

      Landfills are incredible. There are miles and miles of gas lines, water lines and air lines. Thousands of wells for gas and water. Roads, water treatment plans and gas processing. We have installed fire breaks and heat sinks to stop fires.

    • @TruckTaxiMoveIt
      @TruckTaxiMoveIt 2 года назад +2

      Everything tends to be interesting when it's worth billions

  • @650sFinnest
    @650sFinnest 2 года назад +76

    Am I the only absolutely obsessed with the cycle of life, and how our garbage fits in that cycle? I keep telling my wife, my absolute dream job would be at a land fill.

    • @Me-eb3wv
      @Me-eb3wv Год назад +2

      It’s rly interesting

    • @naraendrareddy273
      @naraendrareddy273 Год назад +1

      Nope, I would love to do something for the planet.

    • @laisuresboringadventures7052
      @laisuresboringadventures7052 Год назад

      It would disgust me seeing all the recycle cardboard and plastic and metal they throw in the landfill cause they say they are loosing money bs there over 3.1 billion dollar company I think they can spare some greedy idiots

    • @Keopholora
      @Keopholora Год назад

      I'm with you! I'm really amazed at this cycle and everything involved. I learned so much

    • @antisravel3645
      @antisravel3645 Год назад

      ruclips.net/video/0u99wXicVJc/видео.html

  • @samgambling7312
    @samgambling7312 2 года назад +47

    12:40 One per cent is a big deal. Implementing 100 of these rather minor changes throughout different industries is surely much more efficient than converting entire power grids to rely on solar or wind farms etc.

  • @richycartels3507
    @richycartels3507 2 года назад +37

    In Fort Worth metropolitan and suberb's, Waste Management delivers "recyclables" garbage to a private company established here who copied Europe's methods of sorting out different items on convaerbelt (aluminum cans; paper; cardboard...etc) and makes about $7,000 per-month profit selling each idem in bales to manufacturer's all across the nation...who comes to pick up

    • @TruckTaxiMoveIt
      @TruckTaxiMoveIt 2 года назад +2

      I'm really really glad to hear that

    • @richycartels3507
      @richycartels3507 2 года назад +2

      @@TruckTaxiMoveIt But, even though nobody's is going to do it, the manager of the said private recycling company said it would help if people start rinsing out their cans of food, because the water in their rinsing tubes gets pretty gross looking pretty quick.

    • @CarlAlex2
      @CarlAlex2 2 года назад +1

      @@richycartels3507 Well there are limits to what you can ask of people and having the consumers clean tins would probably have a larger environmental impact due to effectiveness of scale AND the company would have to clean them anyway to be sure.

    • @NicholasLittlejohn
      @NicholasLittlejohn 2 года назад

      Most cities do this at their MRF

  • @ScrapPalletMan
    @ScrapPalletMan 2 года назад +175

    I make a living trash picking items left for the garbage man. I film my journeys diverting scraps destined for the landfill

    • @RoyaleDistrict
      @RoyaleDistrict 2 года назад +13

      I feel I like I have to sub to you on principle

    • @ScrapPalletMan
      @ScrapPalletMan 2 года назад +13

      @@RoyaleDistrict it's amazing what I find on the curb. People will throw away anything. Sometimes I score Big

    • @Macky1101
      @Macky1101 2 года назад +2

      Oh. You mean you make a living by stealing trash from the trash companies? LOL. If the landfills want to make even more money, they should let garbage pickers pick out the valuables in their landfills and then buy the materials. I know there's a liability issue in the USA. In 3rd world countries, lots of people live in landfills and pick scraps from there.

    • @ScrapPalletMan
      @ScrapPalletMan 2 года назад +16

      @@Macky1101 luckily trash picking is legal in the United States. Upheld by supreme Court decision California v. Greenwood. I know you were joking, but I've never heard of anyone being protective of the landfill wanting recyclable items to be wasted for eternity. Thanks for being part of the conversation my friend

    • @aRYANz88
      @aRYANz88 2 года назад +11

      I furnished my apartment from items destined for the scrap heap. Its literally sickening how much is wasted. Ban automatic printing of receipts. Print upon request. Save millions of trees.

  • @glennblack
    @glennblack 2 года назад +13

    As I like to tell my young daughter: one’s value as a human being directly correlates to the volume of one’s waste output…

    • @shazmosushi
      @shazmosushi 2 года назад +2

      inversely correlates

    • @mitko456
      @mitko456 2 года назад +4

      @@shazmosushi no I think @glennblack’s expression was correct you just have a different value system.

  • @fauzirahman3285
    @fauzirahman3285 2 года назад +32

    Looks promising. I hope someday we can recover a significant amount of that waste.

  • @crossfire7474
    @crossfire7474 2 года назад +55

    I remember back then people say that collecting trash is a job for poor people but they are wrong.

    • @aoikemono6414
      @aoikemono6414 2 года назад +2

      They never said the CEO of the trash company was poor did they?

    • @solapowsj25
      @solapowsj25 2 года назад

      Shoot! Like the cities of the judges, using chutes would allow automation. Officer Dredd Joseph.

    • @christianmiller6046
      @christianmiller6046 2 года назад +2

      My first year as a garbage truck driver I made $60,000, last two years has been $80,000. Long as F days

    • @yihuda7459
      @yihuda7459 2 года назад +3

      Dump Truck drivers and pickers also, others in the industry make a lot of money .....I don’t understand people looking down this industry.

    • @crossfire7474
      @crossfire7474 2 года назад +1

      @@yihuda7459 Yeah, without this industry, the neighborhoods and cities will be filled and stink with garbages.

  • @augustcarterjr8043
    @augustcarterjr8043 2 года назад +32

    Wow!! my final project work is on Sustainable waste management and I didn’t like to be researching on waste but now I’m eager to do more research on finding solutions because of how negatively it is impacting our environment and it’s so much interesting to know how they’re making waste profitable in this video..

    • @sirthicenskoorb3684
      @sirthicenskoorb3684 2 года назад

      The profit comes from raising the price of disposal that the customer pays. Not from reuse, recycle or methane capture. This is a lode of POOOY.

    • @semeiedgar5480
      @semeiedgar5480 Год назад

      Surely, this stands as a strong point of interest for most of us in the research world

    • @hnegii
      @hnegii Год назад

      Hey bro can i see your project work because i have also final year project on this topic

  • @roarroar4316
    @roarroar4316 2 года назад +53

    "I'm in a waste management business!" - Tony Soprano

    • @Headwyres
      @Headwyres 2 года назад +1

      Teenage wasteland, I'm a tteenage wasteland...

    • @ericparrish1515
      @ericparrish1515 2 года назад

      Man I'm stuffed

  • @zachkonicek
    @zachkonicek 2 года назад +14

    "While some view it as a threat to our environment and society, others see it as an opportunity." when it starts raining acid and all life on Earth is ending this is how they will pitch moving to Mars

  • @willv88
    @willv88 2 года назад +10

    1:14 "They've learned how to do best-in-class businesses..new customer growth." That was useful insight.

  • @olivur_1459
    @olivur_1459 2 года назад +49

    I think it's time to build more recycling facilities and fewer landfills!

    • @timothydevries383
      @timothydevries383 2 года назад +4

      Unfortunately recycling involves significant human labor. Automation is basically infeasible. Which makes it economically infeasible to do in developed countries.

    • @FireEverLiving
      @FireEverLiving 2 года назад

      Good luck recycling dirty diapers, which alone make up 4% of all trash.

    • @Janotes
      @Janotes 2 года назад +2

      The only answer to waste is to not create it in the first place. This is 23 years working in the business..

    • @NicholasLittlejohn
      @NicholasLittlejohn 2 года назад

      @@HermannTheGreat That's a lie.

    • @NicholasLittlejohn
      @NicholasLittlejohn 2 года назад

      @@timothydevries383 Recycling is being automated today.

  • @Guitarplayer724
    @Guitarplayer724 Год назад +12

    I managed a landfill gas to energy facility for 11 years. This is a pretty informative video. Good stuff.

    • @faarah
      @faarah Год назад +1

      How does the facility work?

    • @Guitarplayer724
      @Guitarplayer724 Год назад +2

      @@faarah We used a large compressor station to pull vacuum on the landfill using gas extraction wells that were drilled into the trash. My particular facility sent the gas to a pharmaceutical company that used it to run their steam boilers.

    • @mohammadzohirulislam8883
      @mohammadzohirulislam8883 Год назад

      can it be used as house hold gas for cooking?

    • @Guitarplayer724
      @Guitarplayer724 Год назад

      @@mohammadzohirulislam8883 I wouldn’t recommend it.

  • @howardert5251
    @howardert5251 2 года назад +13

    metal --> recycle
    glass --> recycle & downcycle
    plastic --> downcycle
    SUGGEST: one vid per category of materials; one vid per category of 'cycling'; one vid per major city;
    SUGGEST: asking electrical utilities why they still refuse to install wind turbines along perimeter of landfills

  • @napar001
    @napar001 2 года назад +18

    theres money at every level of the landfill process. county owned landfills pays the companies that operate the landfill, the company that gets paid to dig the cells and then in turn selling that gravel or cement for a profit, the refuse company that has their own Recycling plants, companies taking the gas emitted from the landfill, solar farms on the closed landfills, the tipping fee revenue (that has increased about 20% in the past year with covid having people buying and throwing away more stuff while at home). the trash business is good business.

    • @cmdr1911
      @cmdr1911 2 года назад +5

      A landfill I consulted for was an old strip mine. We actually mined coal, it was at a lose but the material helped fund the construction of the cell. The material needed to be removed anyway. We had sold stone and coal. Saved all the clay for future construction and saved all the topsoil for reclaim.
      They can also send the methane as natural gas to pipelines.

    • @NicholasLittlejohn
      @NicholasLittlejohn 2 года назад

      @@cmdr1911 coal is super nasty and unethical though

    • @cmdr1911
      @cmdr1911 2 года назад

      @@NicholasLittlejohn There is no point to develop new coal the market isn't there. There are newer coal plants the are far cleaner and efficient but that simply means retire them last. The way we were mining the coal was far more ethical than say Murray. The coal wasn't a focus but a byproduct just like the limestone that was pulled.

  • @lubnan08
    @lubnan08 2 года назад +7

    Great info. I learned a lot. Thanks.

  • @song1861
    @song1861 2 года назад +6

    Government didn't charge company that use plastic package for their product. Because when consumer buy their product then responsible was on the consumer. Obvious the plastic just end up in the trash can, eventually in landfill.

    • @thajemm4371
      @thajemm4371 2 года назад +3

      We need a System where profit isn’t a present concept, especially in things as critical as waste management and environmental issues.

  • @Dave.C937
    @Dave.C937 Год назад +2

    People can talk all they want about recycling. Working in the waste industry in Australia, it shocks me to see how much gets put into landfill that could be easily recyiled In my mind PET plastic is the biggest one.

  • @ptwombley1993
    @ptwombley1993 2 года назад +1

    Here in Maine we have Facilities like Penobscot Energy Recovery Center that produces electrical energy by burning garbage. Then sending the ash to the land fills. These facilities are specifically designed to prevent environmental hazards.

  • @RR-hx7nj
    @RR-hx7nj 2 года назад +7

    i am buying wm and rsg stocks.. anyone seen the dividends on these stocks.. better than apple

  • @2TMarie
    @2TMarie Год назад +6

    When no one else wishes to perform a “less than” job, that’s when intuition kicks in, and lots of money can be made, if managed properly! Back in the 1940’s, my uncle became a multimillionaire when he started his own sewage company.

  • @Aeorocks
    @Aeorocks 2 года назад +4

    Interesting story, thank you for sharing 😊. There is a reason why in Southern Italy the trash companies are completely ran by the mafia, they make that money.

  • @jonathanfeinstein6997
    @jonathanfeinstein6997 10 месяцев назад

    Excellent summary! Should be required viewing for municipalities.

  • @loganpedroza7493
    @loganpedroza7493 2 года назад +53

    I imagine having government-backed monopolies is always a good way to make money.

    • @thatgaurgeousgirl
      @thatgaurgeousgirl 4 месяца назад

      Depends upon the stability of the govt though!

  • @mrjames5317
    @mrjames5317 2 года назад +9

    A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.[1][2] It typically does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to centralized digital currency and central banking systems.[3] When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database

    • @David-pf7bh
      @David-pf7bh 2 года назад

      It's an investment trade in Which you investment a certain amount of capital in BTC,ETH or XRP depending on your choice and the company's broker which you are investing with.

  • @TheAmbientUniverse
    @TheAmbientUniverse 2 года назад +23

    This guy is going for the moustache-matches-my-bowtie look and pulling it off pretty well.

  • @danrayson
    @danrayson 2 года назад +7

    You mean to tell me the best solution we have to recycling our mined resources is to put them back in the ground and forget about them?
    Something seems entirely wrong here.

    • @Zincink
      @Zincink 2 года назад

      they did that in NJ and when they tried to build on the land they realized they had a huge problem...

  • @sirus312
    @sirus312 2 года назад +6

    Waste Management/Crypto= the dream portfolio. Protected in a recession/depression and BOOM during economic expansion. I've seen garbage men clear more than wall streeters with this port set up. GOD BLESS THIS INDUSTRY!

  • @dertythegrower
    @dertythegrower 2 года назад +10

    Great report, methane power plant is a huge under rated idea

  • @RR-hx7nj
    @RR-hx7nj 2 года назад +5

    probably the most interesting "article" i have seen in years

  • @joecrockrell04
    @joecrockrell04 2 года назад +4

    “Truth is… there’s enough garbage for everyone.” ~ Tony Soprano

  • @semco72057
    @semco72057 2 года назад +4

    I live in Arkansas and we have Waste Management Company here and I would love to know how much money they really make off of gas produced from the waste there. I know that the counties spend plenty to them for the many tons of waste they have and some of that is waste which could be recycled, which they could make money off of.

  • @gary-xh1nl
    @gary-xh1nl 2 года назад +20

    You know what they say one
    Man’s trash is another person’s treasure -kid Vs kat

  • @akooucetaylor
    @akooucetaylor 11 месяцев назад

    Love the break down. Makes you think about these home builders and condos and apartments and all these homes bunched up all over the west! Create more money full circle

  • @sebcrakpot1234
    @sebcrakpot1234 Год назад +1

    Shipping fees is basically paid with our taxes, so the industry makes plastic, we buy it, then we pay again to get it burried or to get it exported with our taxes...

  • @ShadowWizard123
    @ShadowWizard123 2 года назад +7

    This is untrue. I've been trash since like 1998 and I'm not earning much.

    • @Rachel-yo3qg
      @Rachel-yo3qg 7 дней назад

      That's kind of why I'm looking into this wondering if I should change professions! Especially if it's driving one of those trucks by myself that you don't even have to get out to dump the can! Don't know how smelly it is but half the times I can't breathe through my nose anyway! H€ll, Even if I made the same amount that I make now, with possibly better benefits or cheaper insurance Then hopefully overtime opportunities then It definitely be a lot easier and less stressful! Plus I enjoy driving! I'd imagine you have to have maybe a CDL or something though but I'm sure I'd be able to do that and pass.
      Curious to know what state You live in or when you worked for waste management anyway!
      Long rant below...
      I was wondering about that because I work in special education, I have topped out on my pay after 20 years which wouldn't be enough to support myself If I lived by myself... I make under $30 per hour, just above 20... AGAIN, AFTER 20 YEARS! Also, back then we had good insurance and I didn't pay anything! Now I pay almost $900/mo, almost 1/2 my income/mo, for $#!tty a$$ insurance! That is very hard to swallow.... Then behaviors are worse all around and my past 15 years I've worked in a pretty prestigious, high ranking, high-end, magnet school... Let's add severe educational deficits from COVID! Here's an example: TWO 4TH GRADE STUDENTS who are NOT in sped, can ONLY COUNT BY 5s and 10s, another kid in that same class can only count by 2s, 5s, and 10s!
      They often don't care, don't want to work or learn, give effort, listen, pay attention and just write random $#it down for answers... Minimal consequences at school and home. Sometimes our hands are tied at school or what we can or can't do for consequences. Minimal effort and support from parents also, in fact a lot of times they are just against anybody in the school system Especially when they are in trouble, when we should be a team with the students best interest, and education at the forefront of our minds. A lot of times they have to be spoon fed which does not help them be responsible, efficient, accountable for their own actions etc .... Originally the pay was not necessarily considered when I chose this profession including the specific, lower paying position I chose because making a difference, helping children grow In many areas including character skills with morals and values that seem to be completely lost in society, help them recognize and see their potential, give them hope and confidence with somebody who cares about the whole child in addition to their education to turn to any situation. I am also one who provides opportunities for them to build trust and respect with me. 95% of them do, even when they're in trouble, they may not listen to, respect, and lie to anyone else but oftentimes not me because of the relationship we build. (As I didn't finish my thought, making a difference provides more riches than income ever will. I lacked all these things so it helps me fill the voids in my heart by providing it for them. It helps mend both of our hearts, provides peace and comfort. But unfortunately, if I would have known it would be this 20 years down the line with minimal income then I may have chosen a different profession. Obviously income is now a concern. Although, I see the significant, long lasting difference I make in children. I have always worked in elementary and I have attended at least 11 high school graduations from former students in this school alone. Then I went to a fast food place and this young lady just kept looking at me while running the register as I was paying then she asks if I am Ms. **** .Which is my maiden name. I do not remember who she was or what I did to make a difference but she was from the very first school I ever worked in from 20 years ago! So obviously, I made a significant impact in her life. I was only in that/her school for 2 years also)
      Even if I have to write them up, I praise them for being honest, I will straight up be honest with them as to the consequence of course, figure out what happened, how they reacted, why they reacted that way, come up with a plan or an alternative that they can do differently next time, practice, continue communication of the plan regularly so it's easier to remember, reiterate if they don't think they could handle it efficiently or appropriately then they could come to me and I will help before they get in trouble, what they should do to fix, address, (sincerely apologize with more than just I'm sorry etc) their mistake or try to right their wrongs, what they think is a fair consequence, hold themselves accountable for their own actions etc. Once we have made it so far, Then I also work with them on building honesty and respect with other adults.
      (It was interesting that even in the school I am in with higher class, significantly more wealthy families than mine, Can be lacking some of the same skills, care, support, and needs as a student from a low income family. Although it may be in a different way before a different reason. Although nowadays is more widespread even with 4/5 Sometimes there will be things that I had never thought of or seen before due to their financial status. Not sure why I was so naive by thinking since they have more money, they're less likely to experience some of these issues... This also can include abuse and neglect Unfortunately.
      Some things are still not understood in my head because they have the needs to provide whatever it is that their child needs. For example tutoring. Involvement, help and support in there education Especially If one parent doesn't work.
      Our country unfortunately is disgraceful and in shambles as it is.... And this is what our future holds... Heartbreaking, worrisome, outlandish, discouraging and not what our country founded on at all..
      I apologize, I did not plan on getting into that rant!

  • @sanjuansteve
    @sanjuansteve 2 года назад +16

    We should have robotic waste sorters with AI, all open source to help make it available tech for everywhere.

  • @DKDRFTA
    @DKDRFTA 2 года назад +2

    I really think we should allow companys to be in landfills to see what they can recycle. The U.S has a big problem of. Once its in a garbage can, its no longer reusable. That includes steel, aluminum, reformable plastics, cotton.....

  • @renebriones9581
    @renebriones9581 Год назад +1

    how true it is , great awareness !!

  • @johnisdoe
    @johnisdoe 2 года назад +6

    It's not a market, it's an industry. Why does everything have to be a 'market' nowadays. Maybe I just don't know the difference, because it feels like nobody does.

  • @patrykc9050
    @patrykc9050 2 года назад +12

    If these profitable waste management companies are publicly traded, and they owe their responsibilities to investors, It’s just a matter of time till we hear a breaking story of a massive ecological disaster because shortcuts were taken in safety just to increase profitability.

    • @harshdhillon6263
      @harshdhillon6263 4 месяца назад

      or because more money will be in their hands, investment, these companies will provide better facilities to their workers and try to expand, 1 city to every city to make more profit?

  • @warant7295
    @warant7295 2 года назад +1

    The landfill by me will be a mountain when its finally closed lol. Loaded with PVCs from dredging the river from papermills.

  • @jaylazarus1458
    @jaylazarus1458 Год назад +1

    We need to make a lot more recyclable products weather plastic. paper, cardboard, metal, etc. We are doing better with recyclables but have a long way to go. Each person needs to recycle not just some of us. And use rock quarries used to get material for making concrete. which when empty is already a huge hole in the ground for our trash left over from recycling . Also maybe have a trash burning plant that convert the heat to energy to power city's or public transit. I think Chicago does something like this This would use a lot of the left over trash.

  • @mildsoup8978
    @mildsoup8978 2 года назад +3

    Honestly trash is the biggest problem and what could make ppl the richest if they found a good solution.

  • @cortion730
    @cortion730 2 года назад +17

    So the waste is compacted in the ground with plastic lining then covered?

    • @johnjingleheimersmith9259
      @johnjingleheimersmith9259 2 года назад +2

      yes?...

    • @BatMan-jv4bd
      @BatMan-jv4bd 2 года назад +5

      Its to keep the toxic waste like methane and metals from leaking.

    • @cortion730
      @cortion730 2 года назад +1

      @@BatMan-jv4bd yes I got that. Still seems like a health risk

  • @KevinNguyen-zn4vv
    @KevinNguyen-zn4vv 5 месяцев назад

    I pay about the same amount per ton for a local recycling center. Some waste will be used for landfill but most "waste" items will be recycled because that small lot would have been filled to the tip decades ago.

  • @SD-tj5dh
    @SD-tj5dh 2 года назад +1

    If everything got ground up small enough and moisture removed there would be plenty to mine from.
    Anything left turn into fuel pellets for pyrolysis power stations.

  • @spartendeath
    @spartendeath 2 года назад +9

    Dont you have to be an Italian Mafia to get into waste management????

  • @Lyerbait13
    @Lyerbait13 2 года назад +7

    13:49 lmao that truck is YEETing that can

  • @jamesb9499
    @jamesb9499 2 года назад +2

    WM is screwing people with service fees. I live in Illinois, my garbage and water fee amount to $48. I don't generate much trash, just once a month for less than 1/2 of the bin. This is the most expensive service for single occupant. In past years, fee has gone up every single year.

    • @JamesD401
      @JamesD401 2 года назад

      They don’t charge for 1/2 a bin they charge for picking up a bin

  • @ahmabdullaharun218
    @ahmabdullaharun218 8 месяцев назад

    I am Harun from Dhaka. thank you very much for sharing this video.

  • @ehm2943
    @ehm2943 2 года назад +4

    I don’t have a lot of trash. I recycle stuff a lot. Most of my trash r from shipping materials that r claimed to be biodegradable 🙂

  • @bholuwhoop5944
    @bholuwhoop5944 2 года назад +3

    0:30 I mean like, is that a surprise ?

  • @macktotman
    @macktotman Год назад

    Well made video
    Thanks

  • @nonpartisangunowner4524
    @nonpartisangunowner4524 2 года назад +2

    10:15 Metals can be relatively easy to recycle but with current technologies it takes a LOT of energy.

    • @celinab840
      @celinab840 Год назад +2

      You are wrong. Recycling metals uses much less energy than producing metals from minerals. Even more when you consider all the energy used to extract and transport the minerals (which can come from far places). The problem with recycling metals can be quality if there is too much contamination, but this can be solved by combining recycled molten metal with fresh molten metal (something all metallurgical industries already do)

  • @TLPcreative
    @TLPcreative 2 года назад +3

    i was just wondering why dont they include big companies waste

  • @idunno2379
    @idunno2379 2 года назад +3

    *Sees the title*
    "There is hope."

  • @uzairarain
    @uzairarain 2 года назад

    Super insightful

  • @stefanboster5728
    @stefanboster5728 Год назад

    A great short Doc, but the audio on the Zoom calls is awful..

  • @fargoloomis3569
    @fargoloomis3569 2 года назад +2

    You can turn any grade plastic into fuel through pyrolysis.

  • @rldays9179
    @rldays9179 2 года назад +4

    It's good to see Dana Carvey has a job outside of SNL. Party on Garth.

  • @southkiddJ
    @southkiddJ 2 года назад +1

    This may not mean much but as far as electronics, you could always take them to your nearest Best Buy for recycling or whatever they do with them…as long as you know you just didn’t put them in the garbage.

    • @wmg33
      @wmg33 Год назад

      I just throw it in a dumpster

  • @terrellstewart4071
    @terrellstewart4071 2 года назад

    I feel with several programs working together in the trade of waste management it will be better , collecting and selling methane gas to power homes, properly separate all the recycled materials to be repurposed examples. Produce and green waste use to make compost. Clothes recycled to make insulation and other materials. Paper and cardboard repurposed to fire logs takeout containers, plastic can be repurposed to blocks for building or housing materials also pellets for the companies to produce there products, same with glass it can work if the companies and government invest in it properly. If an item is made it should be able to be recycled and repurposed. Just my suggestion on handling this matter.

  • @jazminsanchez8046
    @jazminsanchez8046 2 года назад +5

    Tipping fee plus the increase fees they have added to homeowners due to inflation

  • @Ahmad_8412
    @Ahmad_8412 2 года назад +7

    "How tash makes money in the U.S"
    Me : i go to USA

    • @marczhu7473
      @marczhu7473 2 года назад

      remember they used to export that to china but now china is unwilling

  • @TheRealSuperJ
    @TheRealSuperJ 2 года назад

    My Uncle Ton was in the NJ carting business. The environment.

  • @flowersandcandyflowersandc9093
    @flowersandcandyflowersandc9093 Год назад +1

    I agree that some trash is very valuable, everything in the garbage isn't worthless.

  • @josephmara4781
    @josephmara4781 2 года назад +5

    Retail returns are a huge waste. There should be a fee for returns to encourage better shopping habits

  • @augustcarterjr8043
    @augustcarterjr8043 2 года назад +5

    But I guess as much as these companies are helping the environment, they will appreciate a lot more waste just to make profit but waste can also be profitable to us by reducing (not over purchasing or buying and using necessary items ) and reusing our materials which will save us money too..

  • @rew9471
    @rew9471 2 года назад

    thank you Soo much, I needed thIS. 😮 |

  • @walterkersting9922
    @walterkersting9922 Год назад

    Waste management used to sponsor the golf tournament in Phoenix in February.

  • @matthewcubbon1264
    @matthewcubbon1264 2 года назад +4

    They also make great driving ranges after they're capped.

  • @alanbirkner1958
    @alanbirkner1958 2 года назад +3

    I am 72. When I was young, if you wanted glitter or confetti, there was glass or the hole punch. Paper bags in the garbage can. People ate less red meat only
    once or twice a week. Shampoo, etc. was in glass bottles, you measured out what you needed. Good things now: people live longer, the internet, more vaccines,
    cars are safer, less racism. Tina

  • @loryndabenson2118
    @loryndabenson2118 2 года назад +2

    It doesnt matter how much money you have if we've exhausted all of our resources. Sometimes we have to not worry about the money and do what's right. It might not be immediately profitable to contract with scrap metal mining but long run we will leave ourselves more resources meaning you'll be in business longer. But really I know it's just a matter of them not wanting to pay workers fairly.

  • @markjmaxwell9819
    @markjmaxwell9819 Год назад

    Some of the way things were done when l was younger in the eighties should be reinstated.
    Paper grocery bags and cardboard boxes.
    The milkman and refilling milk bottles.
    Monetary refunds for glass bottles and certain packaging...😎👍

  • @ChristianJS610
    @ChristianJS610 2 года назад +2

    We need to work on using that waste for something useful, so it's not wasted. Biogas and fertilizer for some of it. Separating the plastics and metals from the waste would also give you supplies to sell to manufacturers for a profit. or even just burning it as an energy source and then burying it would give it a better chance of breaking down faster than usual.

  • @FinancialShinanigan
    @FinancialShinanigan 2 года назад +3

    Smells like money!

  • @richycartels3507
    @richycartels3507 2 года назад

    In just the city of Fort Worth, the city pays Waste Management the sum of 2-million dollars per-year to pick-up all "residential" garbage and trim all tree limbs off the road. Dallas pays 4-million dollars per-year.

  • @rbadams21
    @rbadams21 2 года назад

    Make blocks for houses ...or another plastics resuses ...

  • @geminiwoman0
    @geminiwoman0 2 года назад +8

    I'm always wondering what happens to the old cars, computers, etc.

    • @christianmiller6046
      @christianmiller6046 2 года назад +3

      computers aren't "supposed" to go in landfills they;re supposed to be recycled specially, but that usually means someone has to take it to a transfer station themself so they throw it in the trash.

    • @geminiwoman0
      @geminiwoman0 2 года назад

      @@christianmiller6046 a fee years back I watched a program where computers were being tossed out in an Asian country someplace in rivers or lake it was a drinking source

    • @NicholasLittlejohn
      @NicholasLittlejohn 2 года назад +1

      @@geminiwoman0 there's many videos online about your ewaste and auto recycling questions

  • @redcapitalist
    @redcapitalist 2 года назад +5

    well, there is an unlimited supply in the US. 340 million units plus whatever they generate

    • @johnjingleheimersmith9259
      @johnjingleheimersmith9259 2 года назад +1

      You mean like the over a billion units in china and the stuff they throw into their completely polluted rivers?

  • @vijai8959
    @vijai8959 Год назад

    We need more people like these...
    Just my opinion....

  • @user-ghjopjhv
    @user-ghjopjhv Год назад

    Landfills are one of the highly regulated industry by state and local agency.

  • @infiltr80r
    @infiltr80r 2 года назад +12

    Looks like nearly no recycling going on, how pathetic in a wealthy developed country.

    • @trashyraccoon2615
      @trashyraccoon2615 2 года назад

      It’s more complicated than that. The recyclables are worthless, so who pays to recycle them?

    • @relicpathfinder2800
      @relicpathfinder2800 2 года назад +1

      Worse is the millions of people paying extra for recycling and the company picking it up just dump it the same place as mixed trash anyway.
      Some companies don't even attempt to hide the fact, by dumping recycling containers in the same truck of mixed trash.

    • @christianmiller6046
      @christianmiller6046 2 года назад

      lol one time a friend asked me how many people recycle correctly and I said 0. every recycle can I pick up has recycling that isn't recycable in our area or is straight up trash.

    • @infiltr80r
      @infiltr80r 2 года назад

      @@relicpathfinder2800 Don't judge everyone based on your country/city. In most civilized places this is regulated and monitored, fines for doing what you said are huge and trash processing is operated on a license basis.

    • @infiltr80r
      @infiltr80r 2 года назад

      @@trashyraccoon2615 Why are they worthless? Based on what? A lot of it doesn't need specific recycling, like bio trash. It can be used to produce heat or at minimum doesn't require any special handling like generic trash.

  • @deadguy389
    @deadguy389 2 года назад +3

    Now people have a good reason to pollute as well.....

  • @christophermoreno3668
    @christophermoreno3668 2 года назад

    Great video!

  • @sonnymylovesosweat
    @sonnymylovesosweat Год назад +1

    America has amazing trash collection system and great landfill collectors areas