Covanta's business case looks like it's finally collapsed. See the hot news from Marston Moreteyn Action Group this morning
Marston Moreteyne Action Group (MMAG)
Marston.Moretaine.Action.Group@googlemail.com T: 01234 768575
www.MMETAG.com
Covanta’s Waste Plans Go Up In Smoke
As MMAG predicted the economics of the Covanta monster incinerator proposal for Rookery Pit has not added up. With only one customer, Maidenhead and Windsor, for their diabolical scheme and their failure to secure waste management contracts elsewhere across the UK has led to Covanta to seeking buyers for its UK operation. http://www.letsrecycle.com/news/latest-news/energy/covanta-seeks-buyer-for-uk-business
However, the local community may not yet be rid of a giant incinerator on its doorstep. One of Covanta’s major assets is the Rookery Pit site already designated for waste management and landfill. It also has a development consent order recently approved by Parliament. Other waste management companies may still see the opportunity and enter the game with an identical or similar proposal.
MMAG will remain opposed to any proposal that seeks to process waste from outside our communities at Rookery Pit. Bedford Borough and Central Bedfordshire Councils continue to promote their own locally based waste management solutions.
It is a frightful irony that local opposition identified the financial incompetence of the proposal. However, the now defunct Infrastructure Planning Commission and the parliamentary authorities saw fit to give permission to a company that never had the money to build what they proposed. So much for national experts telling local people what’s good for them.
Marston Moreteyne Action Group (MMAG)
Marston.Moretaine.Action.Group@googlemail.com T: 01234 768575
www.MMETAG.com
Covanta’s Waste Plans Go Up In Smoke
As MMAG predicted the economics of the Covanta monster incinerator proposal for Rookery Pit has not added up. With only one customer, Maidenhead and Windsor, for their diabolical scheme and their failure to secure waste management contracts elsewhere across the UK has led to Covanta to seeking buyers for its UK operation. http://www.letsrecycle.com/news/latest-news/energy/covanta-seeks-buyer-for-uk-business
However, the local community may not yet be rid of a giant incinerator on its doorstep. One of Covanta’s major assets is the Rookery Pit site already designated for waste management and landfill. It also has a development consent order recently approved by Parliament. Other waste management companies may still see the opportunity and enter the game with an identical or similar proposal.
MMAG will remain opposed to any proposal that seeks to process waste from outside our communities at Rookery Pit. Bedford Borough and Central Bedfordshire Councils continue to promote their own locally based waste management solutions.
It is a frightful irony that local opposition identified the financial incompetence of the proposal. However, the now defunct Infrastructure Planning Commission and the parliamentary authorities saw fit to give permission to a company that never had the money to build what they proposed. So much for national experts telling local people what’s good for them.
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