Energy Magazine November 2014 | Page 39

debt crisis could threaten to derail that , as continued innovation requires quite a bit of funds .
“ Financing for clean energy projects is therefore dependent upon the heath of the banking system ,” writes Waste Management World . “ Given the European banks ’ high levels of exposure to sovereign debts of states , the report cautioned that raising capital will likely become difficult and equally expensive . … According to GIA this makes the industry dependent on the financial health of the broader economy , which in turn dictates the government ’ s willingness to support and subsidize renewable energy industries .”
So , is biogas the waste management solution we ’ ve been waiting for ?
It ’ s certainly not perfect , but its place in the world of waste management has been very much solidified and will continue to evolve in the coming years .