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Turndown in new technology

By John McKennaLocal authorities wanting to invest in new technologies will not gain funding through private finance initiatives (PFI), as banks are unwilling to take the risk. At the MRW-organised Financing in the Waste Management and Recycling Sector conference, delegates were told to forget about submitting tenders that relied on unproven methods and machinery.Banks are unwilling to risk substantial sums of money on technology with no track record, ...