They didn't even take into consideration animals, particularly mammals, living in the oceans who could get hit and injured or die by said debris, nor they mention how much that junk is contaminating the waters. This pollution will only get worse.
They need to design a robot ship or drone that they can launch like a satellite into orbit, and as each piece of junk gets decommissioned, that drone will go to the junk, tow it away from Earth, and push it towards the moon, where it can crash without harm. Then the drone can return to orbit and wait till next month before it needs to repeat that mission.
If someday, any metal or chemical was in the junk that can be salvaged, they can do so.