All Content © CRC CARE 2007

Billion dollar waste opportunity

26 June 2007:

The world is prepared to pay $US20-40 billion to clean up the contamination left by more than a century of industrial development, the First National Contamination Summit was told in Adelaide today.

“That is the value of the global market for clean-up technologies according to an estimate by Canada’s Industry Department,” the convener of the Summit, Professor Ravi Naidu, said.

“We think the estimate is conservative, because it doesn’t factor in the phenomenal industrial growth which has occurred more recently in places like China, India and Southeast Asia.

“Now is the time for Australia’s fast-growing clean-up industry to make a concerted effort to target this huge opportunity.”

Professor Naidu was announcing the creation of a new Remediation Industry Cluster, which will keep local industry and government abreast of cutting edge science and technology and export market opportunities in clean-up.

“Every person on Earth is affected by contamination.  Each of us carries in our bodies the chemical legacy of the last two centuries of development in the form of byproducts of mineral processing, manufacturing, petrochemicals and pesticides.

“Scientists now consider this cocktail of toxins, from a lifetime’s exposure to contaminants, plays a significant role in the incidence of diseases such as cancer and various genetic disorders. It is not an issue we can afford to ignore.”

According to the Canadian estimate, Europe has over 600,000 contaminated sites, the US and Japan each have around half a million each and Australia has 160,000.

“Other estimates suggest there are at least 3 million contaminated sites in Asia alone, and the number is growing in proportion to the level of industrialisation.”

Australia, with several hundred specialised clean-up firms, strong regulations and a clear commitment from industry, was in a good position not only to tackle its own contamination challenges, but also provide solutions for other nations, he said.

“At the CRC for Contamination Assessment and Remediation of the Environment we have also brought together the nation’s leading scientists specializing in detecting, assessing, cleaning-up or preventing contamination of soil, water and air,” he added. “We are poised to patent two cutting-edge technologies in this area.”

A new survey by CRC CARE has found that 100% of industry respondents believe Australia should tackle its own contamination issues as a matter of urgency, with many considering our export reputation depends on it.

Eighty-two per cent of respondents also believed that export opportunities for Australia in clean-up technology and advice were excellent.

A large majority were also in favour of an industry cluster, as a way of sharing information on the latest technology and market opportunities.

“There has never been a better opportunity for Australia to develop a major new export industry in clean-up: the markets are there, so are the companies and skilled experts, and so is an array of exciting new technologies for detecting and fixing pollution of all kinds.”