America’s economic slowdown is hurting all kinds of industries, but it is taking an especially hard toll on the favored Green business of recycling. According to Energy and Environment Daily, the demand for recycled materials has bottomed out, leading to a buildup of huge storage piles of unwanted stuff. In Massachusetts, a 2,000-ton pile of bottles, cans, newspapers, and other material has been stuck in a warehouse, with the cost of recycled paper going from $145/ton just a few years ago to $5/ton today. After working so hard to increase recycling, cities don’t want to discourage people from doing it, but unless the market picks up, the appeal of landfills is sure to rise as the economy continues to dip.
February 19, 2009 by CFACT,
CFACT defends the environment and human welfare through facts, news, and analysis.