How Does Economics Play a Role in Recycling Bin Contamination?

There are many articles that discuss the economic tradeoffs, incentives and ultimately benefits that people, towns and states can get from recycling. Specifically, from an economic point of view, recycling not only helps the environment but it can create jobs, save money, retain local employers, generate tax revenue and much more. Recycling helped, South Carolina grow from "26,537 employees in 1995, to a total of 37,440 employed in 2005 with $6.5 billion in economic impact"(Economics of recycling in the Southeast). This contributied $69 million in state tax revenue and encouraging individuals to change their behavior of non recycling to pro recycling with minimal push. It also allowed for new parks to be built and more funding for schools with the extra revenue.

If you are still interested in the economic side of recycling please check out these articles:

  • John, B. (1977). Economics and Recycling. Resources Policy3(2). doi:10.1016/0301-4207(77)90032-0
  • Matilda, L. (2009). Economics: Waste Recycling. The Ecologist33(4). doi:05.01/23(2131)003
  • R, J. (n.d.). The Economics of Recycling in the Southeast: Understanding the Whole Picture. EPA. Retrieved from www.epa.gov

 

Recycling Economics

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The content on this page is developed by students enrolled in Environ 211 and does not represent the official position of the University of Michigan.