Ten Hills Technique Revealed
Ten Hills Technique or Reverse Mining, should you look closer?
Ten Hills is a historical reference to the Palos Verdes are in California. It is there, at the Los Angeles landfill, that the process of turning trash to electricity from a landfill was first launched. In 1988 to be precise. The process focuses on the decaying trash which produces methane and is a bit more clean than other methods of burning trash direct.
In a world where most of our power comes from finite resources its a breathe of (almost) fresh air to see that processes of recycling energy are being developed. As technology advances these methods will become more and more efficient too. And…it is almost inevitable that in time we will be forced to seek alternative sources of energy beyond the traditional fossil fuels.
It is a common fact that decaying trash at landfills produces methane. This can become dangerous if it is allowed to build up. Many landfills just burn off the methane that is being produced instead of trying to capture it and use it to fuel power production plants. Whether it be from social or economic pressure, many landfill owners are looking into techniques of power production from the methane produced in their landfills.
A big factor to keep in mind is that it is extremely hard to open a new landfill. Most people don't want it in their back yards and remote locations
One of the biggest owners of landfills in the US today is Waste Management (WM). Waste management has been developing ways to reuse the methane produced at their landfills for quite some time, mainly for the use in their truck fleets. However, as they become more efficient at reusing landfill methane they are also developing ways to produce electricity.
Below is a video of the method Waste Management is implementing:
Waste Management has vast acreage across the U.S. consisting of landfill properties. During the economic crisis, their stock wasn't hit as hard as others. That's because as the top consumer nation in the world, we in the U.S. are very wasteful. We produce tons and tons of garbage daily. However, ways of recycling are being developed constantly, and in time, who knows the U.S. could become the forefront leader in recycled or alternative energy usage.
In the meantime, Waste Management (WM), which owns much of the landfill properties, is attempting to save money by figuring out ways to take advantage of this trash methane. And because they are recycling, they could fall into many “green” categories allowing them to eventually take advantage of carbon offsets or tax breaks. Read more about carbon credits at http://www.gao.gov/products/GAO-08-1048.
Take a look at the Waste Management stock chart Below:
Notice the fairly quick recovery after the financial crisis. This is the sign of a pretty solid company. While they don't get a lot of attention from analysts due to it's slower growth, Waste Management does have nice long history of consistent dividends, which is perfect for the “safe” portion of any long term portfolio.
Garbage might a dirty business, but Waste Management seems to be cleaning it up….
Remember the above article barely scrapes the surface of the things you should research before making any type of investment decision. If you are ever uncomfortable with handing your money over to something or someone, don't do it! Knowledge is power and the more you know the more you become an investor and not a gambler.
1. Always set a time to review your investment portfolio.
2. Never react to panic, greed or fear.
3. Never invest in anything unless you are comfortable or feel satisfied with the knowledge of your investment.