Economics of Waste
Description:
Waste collection charges vary according to the quantity and quality of waste that households set out for collection and can provide important incentives for waste prevention and recycling. However, such schemes could also lead to more illegal waste disposal, as well as to relatively costly separate collection systems to function well.
Enablers:
Government
Municipalities
Society
Environmental organizations
Inhibitors:
Competing stakeholders in the economy of waste like recycle firms, countries that import waste
Paradigms:
An economy of waste creates incentives to produce waste (for those who make money with waste); those who have to pay for getting ride of waste will have an incentive to dispose it illegal
Experts:
Recycling industry
Garbage collection industry
Regulatory body
Tax authorities
Timing:
Since around 1970
Resources:
https://www.oecd.org/env/waste/economicsofwaste.htm