THE ECONOMIC IMPORTANCE OF PAPER, METAL, WOOD, GLASS AND PLASTICS ARE RECYCLED


THE ECONOMIC IMPORTANCE OF PAPER, METAL, WOOD, GLASS AND PLASTICS ARE RECYCLED

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TABLE OF CONTENT
Title page
Certification i
Dedication ii
Acknowledgement iii
Abstract iv
Chapter One:
1.0 Introduction 1
1.1 Background Information 1
1.2 Problem Statement 6
1.3 Research Objectives 7
1.4 Hypothesis 8
1.5 Significance of the Study 9
1.6 Scope of the Study 10
Chapter Two:
2.0 Literature Review

Chapter Three:
3.0 Research Methodology 30
3.1 Description of the Study Area 30
3.2 Research Design 30
3.3 Method of Data Collection 31
3.4 Data Limitation 31
3.5 Method of Data Analysis 32
3.5.1 Summative Approaches 32
3.5.2 Simple Percentage 33
3.5.3 Incremental Averages 34

3.6 Test of Hypothesis 34
Chapter Four
4.0 Presentation of Data, Analysis of Data and Discussion of Findings 36
4.1 Data Presentation 37
4.2 Data Analysis 39
4.3 Discussion of Findings 41
4.4 Test of Hypothesis 45
Chapter Five:
5.0 Summary of Findings Conclusion and Recommendation human health 47
5.1 Summary of Findings 47
5.2 Conclusion human health 48
5.3 Recommendation 48
References

A Brief Look at the Economics of Recycling

While mandatory recycling has been the law in New Jersey since 1987 there are still some businesses and organizations that are not yet on board with recycling and do not realize that recycling not only makes environmental sense, but also economic sense. On a national scale, recycling has encouraged the growth of an industry and created jobs. In New Jersey, recycling is an important segment of the state’s economy and one that employs approximately 27,000 people. What is even more important to the generators of waste, however, are the dollar savings that can be realized through recycling. Such savings are realized when the avoided cost of disposal, reductions in needed solid waste services and potential revenue from the sale of recyclables are factored into the overall equation. Of course, there are some costs associated with recycling, as there are with all other day-today operations overseen by companies and organizations, however, generators of waste will see the economic benefits of a well-run and successful recycling program over time. Paper, Metal, Wood, Glass

The avoided cost of disposal is the amount of money that is saved by not having to send waste to a landfill, incinerator or transfer station for disposal. It will vary depending upon the fee charged for garbage disposal at the facility in your area, but in New Jersey with such disposal fees averaging over $80 per ton, the avoided cost of disposal can be significant. Paper, Metal, Wood, Glass

A successful recycling program will divert many tons of material away from disposal and thus the avoided cost of disposal must not be overlooked when considering the economic impact of your recycling program. The establishment of a well-run recycling program may also enable businesses and other organizations to utilize smaller solid waste dumpsters and to reduce the number of solid waste pick-ups (often referred to as “pulls”) made at their locale. Negotiating such changes in the level of solid waste service received with the solid waste hauler servicing your company or organization can also result in considerable cost savings. In addition, businesses and organizations can realize economic benefits as a result of the sale of their recyclable materials. While prices for recyclable material commodities fluctuate as they do for other market commodities, generators may earn revenue from the sale of recyclable material depending upon the specific material, the extent to which it needs to be processed to make it market-ready and worldwide economic conditions. Paper, Metal, Wood, Glass

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