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trash a day creating enough energy to power 60,000 local homes. sounds great, right? the fact of the matter is, 69% of waste is being landfilled and little as 7% is converted into renewable energy. why don t we do more sustainable things with garbage overall? to find out, i m talking to waste management ceo david steiner. the difference between the incinerator garbage and the landfill garbage? not a thing. why doesn t it go there to burn? here s the deal. that plant, to build today, would probably cost $450 million to $500 million. to get a return that s acceptable, you need to charge people about $120 a ton to bring their waste in here. all right. a landfill will charge probably about $50 a ton. and so the economics of those plants don t work unless they are subsidized. until we start subsidizing

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