Environmental Engineering Reference
In-Depth Information
TABLE 1.1
Global Estimate of Potentially Contaminated Sites
Number of
Potentially
Contaminated
Sites
Value of
Current
Market
Future
Potential
Country
Major Market Drivers
USA
450,000 to
500,000
US $10+
billion per
year (1/3
of global
demand
Estimated at
US $650
billion over
30-35 years
US superfund law; small business
liability relief and Brownfields
revitalization act; new
underground storage tank
regulations; real estate
development activity; federal
cleanup programs
Western
Europe
600,000+
An
estimated
€50 billion,
timeframe
unspecified
0.5%-1.5% of
GDP is
likely to be
spent per
annum
Strict regulatory approach;
permitting process for industrial
sites, liabilities in mining, civil,
building, regional, and urban
planning codes, soils
conservation acts
Japan
500,000+
$1.2 billion+,
timeframe
unspecified
Estimated to
grow to $3
billion by
2010
Soil contamination counter-
measures law; real estate
appraisal standards and the law
of housing site and house
transactions; some prefectural
and municipal governments have
incentive programs for foreign
businesses
Australia
160,000
>$3 billion
per annum
Unassessed
Guidelines for the assessment and
management of contaminated
sites; provincial acts such as the
contaminated sites act 2003
(Western Australia); restrictions
on landfills; increasing
environmental liabilities in
business and property
transactions
Asia region
>3,000,000
Unassessed
Unassessed
Unassessed
Source:
Modified from CEI. 2005. Soil remediation technologies: Assessment, clean-up, decom-
missioning, rehabilitation. Canadian Environmental Industries (Energy and Environ-
mental Industries Branch), available at: http:// www. ic. gc. ca/ eic/ site/ea- ae.nsf/eng
/ea02201. html.
represent a lost economic opportunity and threaten the economic well
being of Canadians and the environment. As  a consequence, the indus-
try felt that there was a growing need for soil remediation, which was
poised to become a large driver of technology, products, and services for
years to come. The CEI estimate suggests that the remediation industry is
worth billions of dollars (Table 1.1) and that it is an industry which is rap-
idly growing. A similar report in 2002 by Aus Industry suggests that the
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