One third of all food produced around the world gets discarded uneaten, and environmentalists, energy analysts and entrepreneurs are beginning to take notice. With the untapped potential for generating energy, researchers have begun to notice food waste as a way of powering vehicles. Waste-to-energy (WTE) is quickly becoming one of the fastest growing segments of the energy sector. Navigant Research, which produced the 2012 report “Waste-to-Energy Technology Markets, which analyzes the global market opportunity for WTE, expects waste-to-energy to grow from its current market size of $6.2 billion to $29.2 billion by 2022."
The Bureau of Land Management, under the Department of the Interior, held a two-day auction on 142 parcels of land in New Mexico at the beginning of September. The results from this single sale has surpassed their sales numbers from all transactions in 2017 combined. The land lease sale of nearly US $1 billion will provide ample land to further boost the already growing oil production in the state.