Is recycling worth the money spent?
Recycling is a significant business today, and as cities and states across India work to keep waste out of landfills, recycling at the local and state levels seems like the best way to deal, with our expanding waste. Recycling, however, is an additional cost that is added to operational overhead.
This raises the question of how cost-effective recycling is!
Although, it's frequently noted that a well-run or properly managed recycling programme can be less expensive, than other ways of disposing of waste, many municipalities conclude that recycling is more expensive.
Looking at the wider picture is more challenging!
Determining whether recycling is cost-effective from a company perspective, may be a straightforward calculation that depends on how much it costs, in your location compared to waste disposal. The recycling industry is intricate and varied, and a number of variables affect how economically advantageous it is, to recycle any given item.
Recycling can be expensive due to certain factors
Recycling is more expensive than simply throwing away materials. This is due to a number of complicated factors, including our continued reliance on low-quality, single-use products, the price of oil, and the global market for scrap materials.
So, does recycling actually assist with our waste problem and is it worth the effort?
Recycling aluminium, glass and metal is definitely worthwhile!
Recycling is economical for several other materials.
One of them is aluminium, which can be recycled endlessly without losing any quality. Recycled aluminium is produced using approximately 95% less energy, than virgin aluminium. There is a huge and expanding market for aluminium, one of the most recyclable commodities in the world.
Additionally, steel is completely recyclable, and even low-quality scrap may be treated to create high-quality steel. Steel that has been previously used is in great demand, and because of this, it is very cost-effective to use.
Glass is also eternally recyclable without sacrificing quality, and is simpler to recycle than new glass, albeit the energy savings are not as great as with metals.
Does recycling make any sense?
The topic of cost-effectiveness can alternatively be rephrased as follows: When taking into account variables other than money, is recycling cost-effective?
The unambiguous response is yes from a number of angles!
It's crucial to keep in mind that the "triple bottom line," which also includes people and the environment, is made up of financial profit as one component, when evaluating worth. For these latter two, recycling has numerous tangible and intangible advantages, and is a crucial instrument in fostering environmental and social responsibility.
Advantages of recycling
Simply put, recycling any form of material is preferable to disposing it or burning it, which generates greenhouse gases and other pollutants. The demand for natural resources, our dependency on fossil fuels, and the negative effects of their extraction, are all greatly decreased by recycling items.
Recycling has definite advantages that transfer into value in other ways, even though it may not always be financially advantageous.
The waste hierarchy places recycling below reduce and reuse for a reason—many materials have a finite lifespan, and recycling still consumes a significant amount of resources, like electricity and water. Nevertheless, recycling is not the answer to all of our waste problems. Redesigning, downsizing, and reusing are also crucial and efficient, from a sustainability standpoint in minimizing environmental impact.
Overall, there is an increase in demand for high-quality recyclable materials. This indicates that recycling costs will probably decrease, when new technologies and infrastructure are created, making it more practical to recycle items like paper, plastic, and other waste in the future.
In other words, the best thing you can do when thinking about waste management is to make as little waste, as you can. This also has the benefit of being economical and environmentally friendly. Even, while recycling costs a little bit more than throwing waste in the trash, it is ultimately worthwhile for the waste that is produced.
How can we assist?
Netsol Water always make sure to provide best technologies and waste management solutions, like green waste recyclers, organic waste recyclers, solid waste converters, to everyone. We also want to make sure, each sustainability education program, is tailored to their specific industry and business.
We also advise our clients on how to make sensible investments in re-usables, which will help them reduce the amount of waste generated on-site, rather than focusing solely on safe disposal.