2. Earning Potential
The saying one man’s trash is another man’s treasure couldn’t be truer than in the case of recycling.
The market value of recycled or recyclable materials offers a great incentive for communities that recycle en mass. These days there are growing opportunities for communities to earn money by selling their recyclables or their already recycled materials. Processors and manufactures often purchase them so that they can make new products for less money than with virgin material.
With communities earning money and companies saving money, this is a recycling win-win. This also benefits communities who are not yet equipped to process their own materials locally.
Recycling can also help bring in the green when state and federal tax credits apply. Tax credits are available under various circumstances for implementing green practices, and are intended to offer an incentive for communities and individuals within them to make green changes. In the case of recycling, communities can see benefits when their government and local businesses invest in recycling facilities and equipment and promote recycling.
3. Savings Potential
Recycling isn’t just saving materials from the landfill; it’s also saving expenses and resources for communities that participate.
Recycling can help save money by diverting solid waste from regular garbage collection. Landfill fees are an easily overlooked aspect of tossing your trash out, but they are costs that add up and are usually absorbed by local budgets.
By offering efficient curbside pickup programs for recyclables and engaging community participation, the frequency of garbage routes and the amount of waste being sent to landfills can both be reduced. This can impact individuals in their neighborhoods, or on a larger scale can impact local businesses that might produce recyclable materials in larger quantities.
More savings follow when local manufacturers use recycled materials to replace virgin materials during production.
A wide variety of products ranging anywhere from bottles and clothing to car parts and appliances can be produced using recycled materials. This saves companies money, and preserves the community’s energy and natural resource supply. All of which can help boost a local economy. The money companies save on production is often passed down to customers allowing the environmental and financial impact to come full circle.