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Additional solid waste disposal imposes resource and environmental costs, but most residents still pay no additional fee per marginal unit of garbage collection. In a simple model with garbage and recycling as the only two disposal options, we show that the optimizing fee for garbage collection equals the resource cost plus environmental cost. When illicit burning or dumping is a third disposal option, however, the optimizing fee for garbage collection can change sign. Burning or dumping is not a market activity and cannot be taxed directly, but it can be discouraged indirectly by a system with a tax on all output plus a rebate on proper disposal either through recycling or garbage collection. This optimizing fee structure is essentially a deposit-refund system. The output tax helps achieve the first-best allocation even though it may affect the choice between consumption and untaxed leisure, because consumption leads to disposal problems while leisure does not.
The market of municipal solid waste (MSW) collection and disposal has changed substantially over the past thirty years. This study will help guide both newcomers and past contributors through the fundamental aspects of policies designed to reduce the external costs of MSW collection, and the important empirical relationships that, in the end, govern the selection of MSW policies. The International Library of Environmental Economics and Policy explores the influence of economics on the development of environmental and natural resource policy. In a series of twenty-five volumes, the most significant journal essays in key areas of contemporary environmental and resource policy are collected. Scholars who are recognized for their expertise and contribution to the literature in the various research areas serve as volume editors and write essays that provides the context for the collection. Volumes in the series reflect three broad strands of economic research including 1) Natural and Environmental Resources, 2) Policy Instruments and Institutions and 3) Methodology. The editors, in their introduction to each volume, provide a state-of-the-art overview of the topic and explain the influence and relevance of the collected papers on the development of policy. This reference series provides access to the economic literature that has shaped contemporary perspectives on land use analysis and policy.
Essay from the year 2012 in the subject Environmental Sciences, grade: 1, , language: English, abstract: Which one to choose? Recycling wastes and reproducing less healthy and, most of the time, lower-quality products or polluting the environment by burning these wastes? My research method is studying different data sources and discovering new and detailed information. My research units are various books, journals, newspapers and websites that I could reach. I read all sources I encountered and sampled their content shortly and briefly in my research paper. The most important difference of my research from other works is the fact that I did not face any other study that contains the direct relationship between waste recycle and waste incineration. This is not a new problem; it came out almost when the production of goods from plastics, glass, metal and paper begun. It’s very important and it has a large impact on the next generations’ life. According to my source-study, nearly all sources talk about these problems, about their advantages and disadvantages separately. But I could see no source that compares these problem topics. Therefore, I tried to do this comparison in my work and make my work different from the preceding ones.
The Environmental Protection Agency states that in the past 50 years, humans have consumed more resources than in all of previous history. Recycling, reuse, and remanufacturing account for 3.1 million jobs in America, according to American Solar Energy Society, yet our garbage accounts for 42 percent of U.S. greenhouse gas emissions. This pertinent resource examines issues surrounding garbage and recycling in America. Chapters explore topics such as dealing with hazardous waste, the global challenge of waste management, and strategies for future waste management.
The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
This collection brings together leading economists from around the world to explore key issues in economic analysis and the history of economic thought. This book deals with important themes in economics in terms of an approach that has its roots in the works of the classical economists from Adam Smith to David Ricardo. The chapters have been inspired by the work of Neri Salvadori, who has made key contributions in various areas including the theory of production, the theory of value and distribution, the theory of economic growth, as well as the theory of renewable and deplorable natural resources. The main themes in this book include production, value and distribution; endogenous economic growth; renewable and exhaustible natural resources; capital and profits; oligopolistic competition; effective demand and capacity utilization; financial regulation; and themes in the history of economic analysis. Several of the contributions are closely related to the works of Neri Salvadori. This is demonstrated with respect to important contemporary topics including the sources of economic growth, the role of exhaustible resources in economic development, the reduction and disposal of waste, the redistribution of income and wealth, and the regulation of an inherently unstable financial sector. All contributions are brand new, original and concise, written by leading exponents in their field of expertise. Together this volume represents an invaluable contribution to economic analysis and the history of economic thought. This book is suitable for those who study economic theory and its history, political economy as well as philosophy.