The waste industry has what the carbon sector doesn't – a target widely viewed as ambitious, as well as a substantial price to spur waste abatement – and that has prompted a huge increase in investor interest, says MRA Consulting Group.
As of 1 July 2021 resource recovery facilities in Victoria are captured under new Environment Protection Regulations. Facilities that trigger the requirements must apply by October 2021 for a licence or permit or by 2 January 2022 if the activity needs a registration. If you do not make an application, you can no longer operate.
It is more than two years since China National Sword and the limitations on export to Asian recycling nations, kicked in.
Recycling has not collapsed but it has taken some pretty big hits. So where are we up to now?
$24 million in funding has been released to support NSW local councils and the Alternative Waste Treatment (AWT) industry to transition away from MWOO following the 2018 EPA revocation of the order and exemption allowing MWOO application to land.
The waste and recycling industry contributes close to 3% of Australia’s direct emissions. However, recycling abates much more by capturing the embodied energy of the recovered materials.
We can create a more sustainable Australia by reducing emissions, increasing recycling and growing new green jobs.