Rubbish, trash, garbage, waste, whatever you call it, we all generate it, and it is taking over the world’s space and mother nature’s abundance faster than imaginable. If we continue to be a disposable society, there’s at least one exchange traded fund (ETF) that could benefit.
Although waste is universal, the concept of it is ignored and poorly understood. Nobody really knows how much is produced or what happens to it once it’s created.
The Economist explains that both developed and emering countries generate vast quantities of construction and demolition debris, industrial effluent, mine tailings, sewage residue and agricultural waste.
Waste is harmful. It stinks, it’s ugly, attracts vermin and releases harmful chemicals and and debris into soil and water when it is dumped. It is the source of almost 4% of the world’s greenhouse gases, mostly in the form of methane from rotting food, which does not take into account the methane from animal and farm waste.