Screaming Wombat
Oh wow, you'll never believe the interesting piece of news I found.
We're all fully aware of how high oil prices are affecting the economy and the way we live, having numerous downsides such as high gas prices, high food prices, high metal prices, pretty much making everything more expensive.
On the upside though, you'll find that more jobs are being generated closer to home, people are learning to live on less, and the amount of greenhouse gases being vomitted out all over the place will likely be reduced on account of the reduced demand for oil (or increased, on account of the increased demand for coal, who knows).
Well, all of this has actually benefitted companies involved in recycling.
Yes, you heard me, benefitted.
Like I mentioned earlier, a lot of the materials we produce that are made from virgin feedstock (for example, aluminum from bauxite ore rather than old aluminum) are more costly to make than simply recycling, but appear cheaper on account of all the subsidies that show up in the process.
Well, it just so happens that the current energy crisis is making these processes more expensive, especially whenever it comes to manufacturing metals, hence why steel production is beginning to move closer to home...and why recycling companies are able to make $900 for a bale of aluminum.
Of course, we'll likely go on with the current means of production for some while, but as recycling becomes more profittable you better believe that greater effort will be made by these companies to collect more materials while the people actively engaged in recycling their old aluminum and tin cans will begin to notice that their hard work is really, really paying off.
http://www.treehugger.com/files/2008/08/recycling-firms-more-valuable.php
We're all fully aware of how high oil prices are affecting the economy and the way we live, having numerous downsides such as high gas prices, high food prices, high metal prices, pretty much making everything more expensive.
On the upside though, you'll find that more jobs are being generated closer to home, people are learning to live on less, and the amount of greenhouse gases being vomitted out all over the place will likely be reduced on account of the reduced demand for oil (or increased, on account of the increased demand for coal, who knows).
Well, all of this has actually benefitted companies involved in recycling.
Yes, you heard me, benefitted.
Like I mentioned earlier, a lot of the materials we produce that are made from virgin feedstock (for example, aluminum from bauxite ore rather than old aluminum) are more costly to make than simply recycling, but appear cheaper on account of all the subsidies that show up in the process.
Well, it just so happens that the current energy crisis is making these processes more expensive, especially whenever it comes to manufacturing metals, hence why steel production is beginning to move closer to home...and why recycling companies are able to make $900 for a bale of aluminum.
Of course, we'll likely go on with the current means of production for some while, but as recycling becomes more profittable you better believe that greater effort will be made by these companies to collect more materials while the people actively engaged in recycling their old aluminum and tin cans will begin to notice that their hard work is really, really paying off.
http://www.treehugger.com/files/2008/08/recycling-firms-more-valuable.php
lol People are finally beginning to understand that it's cheaper and healthier to recycle. =p
