China’s Rubbish Mountain Is Lure to Investors

From The Times:

Heaps of household rubbish and clouds of industrial pollution in China could trigger a multi-billion-dollar investment rush that could rival the 2000 technology bubble.

Analysts are forecasting a surge of investment in a global “muck-to-brass” portfolio – listed engineering and waste management companies in the US, China and Japan rushing to meet China’s urgent need to clean up its streets and skies.

The Chinese Government is now considering 180 municipal projects. Investment in incinerators alone will see more than $10 billion (£5 billion) spent over the next decade. Even greater opportunities may lurk in the commitment to better water treatment and burning coal less poisonously.

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