CEO said the cost will be recovered in 18 to 24 months, why u say they can only break even ? Even if only 10% of the landfills has plants nearby, we are still talking about big numbers here. This is just like opening stores: one succeeds, others will follow. WMI has 85 projects running, u think they are losing $$ on those projects ?
"WM currently supplies landfill gas to 85 beneficial-use projects in 25 states. The company's 54 gas-to-electricity projects provide more than 200 megawatts of energy, enough to power 215,000 homes. The 31 projects that sell landfill gas as fuel to industrial users replace more than two million barrels of oil each year. "
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