ECON 2D03 Lecture Notes - Lecture 2: Ozone Depletion, Earth Summit, Convention On Biological Diversity
Document Summary
Problems faced by recycling programs: motivating consumers & businesses to recycle, developing markets for recyclable goods. Motivation to recycle: curbside recycling, nu(cid:373)erous (cid:374)eigh(cid:271)ourhood"s drop-off points, charge per bag of garbage, recycling credit for producers, beverages container deposit. Markets for recyclable goods: old newspapers, used to make paper or cardboard, shredded for animal bedding, glass, used as an additive for asphalt paving, uncertain demand. Recyclables: sometimes go to landfills because there is no use for them. People: averse to buying products made with recycled materials. Inferior products to those made with new materials. Norway: automobile ownership is expensive, mass transit is cheaper. Increased the costs of american business: contributed to inflation, general increase in the average level of prices, reduced national output. Increased unemployment: new jobs, solar, wind, geothermal, and other renewable energy companies, slowed economic growth, us firms- less competitive than their international counterparts, stricter environmental regulations.
