"The recycling industry has a $6.5 billion impact on the state’s economy according to a study conducted by the College of Charleston’s Department of Economics and
Finance.
“The Economic Impact of the Recycling Industry in South Carolina” study was
commissioned in 2010 by the S.C. Department of Health and Environmental Control
(DHEC). It shows that the recycling industry is directly responsible for more than
15,000 jobs, $1.5 billion in annual personal income and $69 million in tax revenue each year.
In addition, the study estimates that the state’s recycling industry will grow about 12 percent
annually during the next five years with an economic impact of more than $11 billion."
Summary: Recycling generates $6.5 billion for South Carolina's economy. The recycling industry creates at least 15,000 jobs. This is expected to rise 12% in the next few years, adding up to an additional $11 billion for the economy.
Summary: Recycling generates $6.5 billion for South Carolina's economy. The recycling industry creates at least 15,000 jobs. This is expected to rise 12% in the next few years, adding up to an additional $11 billion for the economy.
From this quote it is understandable that recycling plays a big part in South Carolina’s economy. Recycling has created at least 15,000 jobs over the past few years, and that number is continuing to rise. Only 16% of us recycle now, but that number is expected to rise at least 11% over the next few years. That number can rise even higher if we can get more people to start recycle which will in turn create more jobs. Not only does recycling create jobs, but it also creates money from tax revenue. Right now recycling has a $6.5 billion impact on South Carolina’s economy, but that number is also expected to rise drastically over the next few years. There is no doubt that new people are starting to recycle every day, but the faster we can get everyone to recycle the better South Carolina’s economy will be. Not only will it help the state’s economy, but it will also help individual’s finances. Right now the recycling industry is responsible for $1.5 billion for annual personal income. However, that number is also on a drastic increase and the more people that recycle that faster and higher that number will go.
"DHEC's Office of Solid Waste Reduction and Recycling." scdhec.gov. N.p., 09 Sep 2010. Web. 16 Mar 2011. http://www.scdhec.gov/environment/lwm/recycle/pubs/economic_benefits_recycling.pdf
With our fossil fuels depleting, landfills filling up, and citizens losing job, recycling is the most logical method to use. Unfortunately, many citizens do not recycle, and they do not plan on starting to recycle. My questions are, "If citizens do not recycle, what consequence do you recommend? How do you propose that the government regulates recycling since it first begins in the privacy of a citizen's home?"
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