Since 2001, David D’Addario has served as chairman and CEO of Dada Holdings, a Florida-based investment and management company that caters to client companies in various industries. Recently, the company launched ElementUS Minerals LLC, a joint venture with Enervoxa. Chaired by David D’Addario, ElementUS Minerals transforms waste residue into low-carbon footprint materials.
According to the World Bank, at least 33 percent of waste generated worldwide annually is not managed in an environmentally safe manner. The organization also estimates that by 2050, waste generation will increase by about 60 percent. These concerns have triggered the need for the utilization of waste as a renewable energy source. Waste to Energy (WtE) refers to a number of technologies for generating energy from waste, such as landfill gas recovery, incineration, pyrolysis, and gasification. These processes can make a significant impact in reducing the emission of greenhouse gasses such as methane, which is a major contributor to climate warming, and far more potent than carbon dioxide. Through WtE technologies, nonrecyclable waste can be used to generate heat, electricity, biofuels, and other forms of useful energy. Asides from concerns about environmental sustainability and climate change, the limited land availability for landfill sites in many cities has also increased interest in WtE technologies. In addition, the United States Department of Energy’s Bioenergy Technologies Office has shown interest in utilizing a number of waste streams in the country for these processes. Another advantage of these technologies is that they facilitate the recovery of valuable resources such as metals, which would otherwise be disposed of.
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AuthorDavid D'Addario - Growth-Focused Metals Executive. Archives
October 2023
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