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The Hoskinson "Waste to Energy" facility delivers extensive advantages across various aspects of life, spanning environmental, financial, societal, economic, governmental, and more, creating a positive impact for current and future generations.
The Hoskinson plant plays a crucial role in sustainable waste management by reducing and potentially eliminating the amount of municipal solid waste (MSW) in landfills. This, in turn, helps to minimize the negative impact of waste on the environment and contributes to the reduction of greenhouse gas emissions associated with the decomposition of waste in landfills by converting waste into energy.
Achieving sustainable business finances without relying on public resources or subsidies is crucial. A Hoskinson plant stands out as it carries 100% financing and offers multiple ways to generate sufficient income without any dependence on public resources.
To achieve a healthy financial balance, the plant can leverage various income-generating mechanisms such as the sale of electrical energy, charging per ton of MSW received for processing, selling recyclable materials, generating and selling refuse-derived fuel for other thermal processes for production, carbon credits, carbon capture credits, and generating and selling hydrogen.
The construction and operation of the plant will lead to the creation of both temporary and permanent jobs, contributing to the local economy. Additionally, reducing the amount of waste sent to landfills can minimize harmful gases associated with waste decomposition, thus improving air quality.
Furthermore, the Hoskinson plant provides a social return through financial resources, which, in coordination with local authorities, directly benefit the communities. For example, guided visits to the plant are offered to school-aged children, young people, and interested professionals to foster a sense of belonging and establish a connection between the communities and the Hoskinson plant. It also creates opportunities to paint school facilities, plant trees, etc.
The implementation of a Hoskinson plant effectively mitigates the negative impacts of sanitary landfills and open-air dumps that emit greenhouse gases (GHG), particularly methane gas, which is known to be 80 times more harmful to the ozone layer than carbon dioxide.
In addition to contaminating groundwater, surface water bodies, rivers, and the sea with leachates, exposure to GHGs from landfills can lead to various health risks, such as respiratory conditions, damage to the central nervous system, and even cancer. With a Hoskinson plant, harmful fauna is prevented from forming, as the plant processes the Municipal Solid Waste (MSW) as soon as it arrives and stores it in a closed, ventilated, and dry space until it is fully processed.
The circular economy model advocates rescuing valuable recyclable materials from municipal solid waste and returning them to the industry. Additionally, waste can be converted into electrical energy by recovering its caloric energy, contributing to energy recovery efforts.
The construction and operation of waste management plants can also act as an economic stimulus, creating new investments and employment opportunities.
Investing in a waste-to-energy (WtE) plant can save and redirect public resources towards other initiatives. Furthermore, taxes generated by the plant can provide an additional source of income for the city.
In addition to the economic benefits, implementing sustainable technologies, like WtE, demonstrates a commitment to responsible waste management and can improve the overall image of the local authorities and the city.
Corporate Social Responsibility
By embracing sustainable environmental practices, companies can bolster their reputation and improve their standing in terms of corporate social responsibility.
Moreover, investing in a plant that promotes emissions reduction can help ensure regulatory compliance with environmental standards.
The future belongs to those who strive to leave our planet in better condition. For this reason, Hoskinson, through adopting environmental and sustainability practices, seeks to reinforce its corporate social responsibility and impact in the broadest way possible, in compliance with environmental regulations, with the reduction of its carbon footprint and that of our associates or beneficiaries.