Recent estimates of annual global mercury emissions from both natural and anthropogenic sources are in the range of 5,000 to 8,000 metric tons per year. These estimates include mercury that is re-emitted. The U.S. EPA analyzed the harm from mercury and came to the conclusion that reduction expenditures as high as $30,000 per pound would be warranted. On this basis the potential market for mercury removal would be $300 billion per year. However, the cost of removal of some mercury will be as low as $1000/ton. The cost is related to efficiency of removal. So, if only 60 percent of the world’s mercury or 3,000 tons per year were eliminated, the cost would be closer to $5,000/ton so the annual market would be $15 billion/yr. This is the conclusion reached by the McIlvaine Company in Mercury Air Reduction Markets. Click Here For Complete News Release Text
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