Scrap prices, waste and recycling policy
نویسنده
چکیده
This study examines the effect of waste and recycling policy on scrap prices and the importance of scrap price feedbacks as a determinate of the costs of waste and recycling policy. The effects of a deposit/refund, advance disposal fee, and recycling subsidies on scrap prices are derived, and the direct and indirect channels of waste reduction are decomposed for the three instruments. Scrap price feedbacks decrease the cost of advance disposal fees, increase the cost of recycling subsidies, and have an ambiguous effect on the cost of deposit/refund. Simulation analysis finds that scrap price feedbacks substantially affect the costs of the policies and alter the ranking of instruments. Draft Please do not distribute or cite ∗Division of Economics and Business, Colorado School of Mines; corresponding author (tel. 303.384.2430 e-mail: [email protected].)
منابع مشابه
Managing Engineering Design for Competitive Sourcing in Closed-Loop Supply Chains
We examine the strategic interplay between a buyer’s design decision and the ensuing competition between suppliers in a three-tier closed-loop supply chain setting with significant recycling considerations. The nature of the engineering design decision in our research entails choice of integral versus modular design that has direct implications for the input raw material waste and ensuing compe...
متن کاملRecycling of Scrap Tires
As Rachel Louise Carson (1907-1964) successfully noted in her phrase “The human race is challenged more than ever before to demonstrate our mastery not over nature but of ourselves”, we are challenged to find ways to produce more energy, reduce our waste production while minimizing use of limited natural resources. Although recycling of materials has a history going back to the times of Plato B...
متن کاملEffect of cash subsidy on the quantity of domestic waste (Case study: Rasht, North of Iran)
Releasing prices and performing cash subsidy payment to all applicants with a different income level create differences in the method of household function and different services of organizations including waste and recycling management organization. The purpose of this study was to determine the effect of cash subsidy payment on the quantity of domestic waste in Rasht (Guilan province, Iran)....
متن کاملUpgrade Recycling of Cast Iron Scrap Chips towards β-FeSi2 Thermoelectric Materials
The upgrade recycling of cast-iron scrap chips towards β-FeSi₂ thermoelectric materials is proposed as an eco-friendly and cost-effective production process. By using scrap waste from the machining process of cast-iron components, the material cost to fabricate β-FeSi₂ is reduced and the industrial waste is recycled. In this study, β-FeSi₂ specimens obtained from cast iron scrap chips were prep...
متن کاملScrap Iron and Steel Recycling in Nigeria
Nigeria is blessed with abundant iron ore deposits of nearly 3 billion tonnes and other basic minerals for steel production including coal and limestone. Yet the Nigerian steel sector has collapsed principally due to shortage of raw materials particularly iron ore for the integrated steel plants and billets for the rolling mills. The privatization of the steel sector that was done in 2004-2005 ...
متن کامل