The construction industry, responsible for over 39% of global carbon emissions, is under scrutiny for its environmental impact, particularly the roofing sector's reliance on asphalt shingles. These shingles, while affordable and durable, contribute significantly to landfill waste, with approximately 15 million tons discarded annually, taking centuries to degrade. Sky Quarry, Inc., a cleantech company, is addressing this critical issue with its innovative Waste-to-Energy Solutions, aiming to transform waste asphalt shingles (WAS) into sustainable oil through its Bitumen Extraction Technology.
This technology not only recycles finite materials but also significantly reduces landfill waste and harmful emissions. Given that shingles contain 25% bitumen oil, Sky Quarry's process recovers what would otherwise be the equivalent of 20 million barrels of oil dumped into landfills each year. This recovery not only mitigates environmental damage but also creates a substantial revenue stream, beyond the recycling fees paid by waste haulers.
Additionally, Sky Quarry's Offset Program offers homeowners a way to contribute to sustainability efforts. By purchasing offsets through Sky Quarry's online store, homeowners can fund the recycling of the exact amount of tonnage their re-roofing projects would have landfilled, further reducing the environmental footprint of construction projects.
As urbanization and infrastructure investments drive the growth of the construction materials industry, Sky Quarry's approach presents a viable path toward sustainability. By bridging the gap between technology and environmental stewardship, Sky Quarry not only addresses a pressing waste problem but also sets a precedent for the industry's future, demonstrating that economic and environmental objectives can align.
