SAVE the Date: Thursday, December 13, 2018
The Capital Roundtable presents:
To understand the metrics of the problem facing companies in the US, including but not limited to manufacturers, it is worth reading the Special Report gracing the pages of the September 29 edition of the Economist entitled creatively A load of rubbish, which indicates and illustrates the problem that non-recycled waste poses on land and in the sea. To be sure , recycled waste can produce the raw materials manufacturers can use as raw materials . To quote the Report, over the last 25 years, the world deposited 106 million tons of plastic in Chinese ports for recycling but that game is over. According to the UN, diarrhea rates are twice as high in areas where waste is not regularly collected and acute respiratory infections are 6 times as common. And waste which leaks into the ocean can “despoil” it.
To be sure, a lot of effort has gone into, depending on the jurisdiction, regulating the treatment of waste, the aim being creation of “circular” industries where waste goes back into the manufacturing process. And , to quote the report . “the right response is …to experiment, not eschew resource efficiency”.
Point conceded. But again, as the Report concedes “The general public is not very good at sorting rubbish” …in the US at least…and again, once its winds up in the ocean, ugh.
As, however, the Report concludes, the future is not that grim. New companies are springing up and existing ones are “reorienting from selling products to selling services” One newco of which I am aware is gearing up to participate in “gasification”.
In fact, there is a traditional model for a change in world business, finance and technology … the Capital Roundtable as per Burt Alimansky is holding an in-person seminar in NYC for the edification and attendance of investors, mainly PE Funds, interested in getting into this game.
If you are interested enough to attend it is likely I will see you there.