There is money to be made in garbage. Such is the
growing consensus on the world stage, as governments,
international agencies and companies pour investment
capital into “green” projects. E~uiro~me~tal
regulations are driving the industry. Two main philosophies
predominate: the first focuses an waste reduction,
which aims to reduce trash whether household or
industrial trash; the second involves waste management,
which concentrates on turning existing garbage
into useful byprodu&ts that can be sold for a profit. Environmental
regulators argue that both approaches are
valid and should be used in tandem to manage waste
effectively. For industry, this creates two-fold opportunities
for prof~tmaking-at the front end of the waste
stream, as well as at the tail end. Internationally, German
and Swiss companies are leading the vanguard of
waste reduction and management, in part borne of
sheer necessity: a shortage of domestic landfills. They
have been forced to develop innovative approaches to