New Report Shows Hazardous Waste Management is a Critical Input to US Economic Growth
Experts at Charles River Associates (NASDAQ: CRAI) published an independent analysis commissioned by Veolia finding that hazardous waste management is a critical input to US economic growth. The report forecasts that a 1% shortfall in management capacity would reduce projected 2033 real gross output by $27 billion, rising to $82 billion under a 3% shortfall, as the US economy adds 5 million tons of annual hazardous waste by 2033 from reshoring and semiconductor and battery growth.
Key figures
- Waste per person
- 200 pounds per person
- Projected increase by 2033
- 5 million tons per year
- Output at risk 1pct shortfall
- $27 billion
- Output at risk 3pct shortfall
- $82 billion
- Us hazardous waste annual tons
- 30 million tons
AI analysis
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