As prices for commodities (definition of commodity) plummet--the example in this article is tin, which has dropped from a high of $327/ton earlier this year to $5/ton--recycling centers are facing major financial problems. The basic idea: the more raw materials are worth, the greater the profit margin recycling businesses can achieve.
The sixth commenter to the article, david b, points out a possible solution that I, in theory, support. He argues there should be a price on consumer products to cover their disposal. In other words, the consumer would pay extra in the price of a product in order to cover the eventual disposal of that product. The greener the product--one that uses recycled materials, less and/or recyclable packaging, etc--the lower the price. This would allow the market to work by incentivizing greener products by making them cheaper.
Showing posts with label Markets. Show all posts
Showing posts with label Markets. Show all posts
Thursday, December 11, 2008
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