background image

The lucrative business of cleaning up ‘forever chemicals’

author image

By illuminem briefings

· 2 min read

illuminem summarizes for you the essential news of the day. Read the full piece on the Financial Times or enjoy below:

🗞️ Driving the news: Government efforts to reduce harmful “forever chemicals” (PFAS) in drinking water could significantly boost profits for water utilities and their investors
• Companies like Veolia and Clean Harbors are positioned to benefit from the growing demand for PFAS removal solutions

🔭 The context: PFAS, which do not break down naturally, are increasingly found in humans and the environment
• These chemicals pose health risks, including lowered immune responses and liver damage.
• The US Environmental Protection Agency (EPA) has adopted stringent new standards for PFAS in drinking water, driving demand for treatment solutions

🌍 Why it matters for the planet: Effective removal of PFAS is crucial for public health and environmental safety
• As regulations tighten, the need for innovative water treatment technologies will grow, providing a significant opportunity for companies in this sector

⏭️ What's next: With the new EPA regulations, up to 6,000 public drinking water providers in the US may need to install treatment systems to comply
• The market potential for PFAS removal in the US is estimated to be $250 billion

💬 One quote: “These stringent new standards will require many utilities to install treatment to come into compliance,” said Carsten Prasse, assistant professor for environmental health and engineering at Johns Hopkins University

📈 One stat: Veolia, the world’s largest water company, sees PFAS removal as a growing market opportunity in the US, driven by the new EPA standards

Click for more news covering the latest on pollution

Did you enjoy this illuminem voice? Support us by sharing this article!
author photo

About the author

illuminem's editorial team - providing you with concise summaries of the most important sustainability news of the day.

Follow us on Linkedin, Twitter​ & Instagram

Other illuminem Voices

Related Posts

You cannot miss it!

Weekly. Free. Your Top 10 Sustainability & Energy Posts.

You can unsubscribe at any time (read our privacy policy)