How The Unprofitability Of Recycling Affects Everyone

David Bodamer, Executive Director, Content & User Engagement

May 29, 2015

1 Min Read
How The Unprofitability Of Recycling Affects Everyone

Benzinga chimes in with the latest report on how the high costs associated with recycling are making it difficult for waste and recycling firms to offer the service. The issue was the subject of a recent webinar and is something the National Waste & Recycling Association has been talking about extensively this year.

From Benzinga's report:

David Steiner, Waste Management, Inc. CEO, was on CNBC Thursday to explain the economics behind recycling and how recycling can make a comeback.

"We are not asking for a handout. We are not asking to subsidize recycling other than when you have situations like you have today, where it becomes unprofitable to recycle," Steiner said. "And we all know what happens when it becomes unprofitable: people don't invest, and we generally invest $100–$200 million a year in recycling assets. The last two years we haven't invested any. And so, we have got to get to a situation where anyone that recycles, not just Waste Management, that anyone can do it."

For the full report, go here.

About the Author(s)

David Bodamer

Executive Director, Content & User Engagement, Waste360

David Bodamer is Executive Director of Content & User Engagement for Waste360 and NREI. Bodamer joined Waste360 in January 2014. He has been with NREI since September 2011 and has been covering the commercial real estate sector since 1999 for Retail Traffic, Commercial Property News and Shopping Centers Today. He also previously worked for Civil Engineering magazine. His writings on real estate have also appeared in REP. and the Wall Street Journal’s online real estate news site. He has won multiple awards from the National Association of Real Estate Editors and is a past finalist for a Jesse H. Neal Award. 

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