Economics of Recycling and Recovery

Abstract

In the below-given paper, a holistic, multidisciplinary approach of goods consumption, the economics of recycling and recovery is unfolding, concisely structured, until 2013. The analysis was focused, in brief, on some economic models addressed to environmental issues, tax policies, welfare, waste management, and specifically on recycling and reuse economic modelling. Recycle is an established practice in many countries, while reuse is still under development. Reuse in many aspects is a more desirable option, as far as waste management concerns, and EU legislation seems to encourage this practice. Many industries, especially in the technology section, have developed recycle and reuse programs in order to gain an advantage, while some of them have set a target of zero waste in their production process.

Ecological and Economic Impacts of 3R in Surakarta’s Urban-Agricultural Interface

“…Although this value is not proportional to the number of household expenditures of the respondents. This modest increase in income has made many respondents reluctant to carry out 3R activities other than for environmental reasons and global warming [4,10,11,15]. Even so, the results of this economic analysis are still greater than the value of the fee to pay the waste manager, which is IDR 5,125.…”

“…Examples of reuse include the reuse of plastic bottles for packaging locally made drinks and the use of solid waste by farmers to improve soil fertility. Reuse is an essential component of sustainable waste management and helps to conserve natural resources and reduce environmental pollution [7,15,18].…”

Study on the Benefits of Separate Recycling of Municipal Domestic Waste and Recommendations on Relevant Countermeasures

“…This not only minimizes resource waste but also lowers the overall amount of waste that enters the terminal treatment system, easing the burden of waste collection and disposal and lowering treatment costs associated with labor, material resource and equipment waste, etc. [5] and bringing obvious economic benefits. Using Shanghai's domestic waste disposal in 1998-2000 as an example, some people set the prevalence rates of recycling and classification at 25% and the efficiency rates of classification at 80%.…”