Recycling is an industry that has been on the rise for attracting investors. This is because companies are catching on that investing in energy-efficient materials is less expensive for their company.
The article "Turn it around: recycling is a massive industry with lots of investment potential" talks about how important and efficient it is to invest in recycling companies.
According to the article, “when we use less energy to make products, we create fewer emission” ( Fried, 2008, p.19). This is a very important point because that is one of the whole points of recycling.
For my group's campaign, this point should be one that we focus on and bring up to students. Those who are unaware sometimes forget of the carbon footprint they leave behind.
Fried (2008) mentions that the recycling industry has become the backbone for their company. He also mentions that the industry has brought in $236 billion in revenue last year and has employed more than a million people.
“The industry accounted for about 2% of the U.S. gross domestic product in 2007,” Fied (2008) writes. With the current depletion of virgin materials/resources around the world, Fried argues that the demand for paper and steel from virgin materials cannot be satisfied anymore. For example, China’s constant growing population and economy contributes to not having virgin matrials (Fried, 2008, p.19).
With the reoccurring trend of recycling, now products are recycled paper, metals, car parts and carpet. “Businesses have come to rely on recycling to lower energy costs, conserve raw materials, minimize waste streams and reduce pollution” (Fried, 2008, p.19).
I completely agree with this article in the information that it gave. My group will definitely be able to use this information to help with our campaign. It will give us something to bring to the table during our focus group with the students of Phase III.
It will allow us to give examples to the students at how they can look at the $0.50 per credit hour that they will be voting for as a small investment to a greater cause.
Fried, R. (2008, September). Turn it around: recycling is a massive industry with lots of investment potential. E: the Environment Magazine, 19 (5), 46-47. Retrieved September 22, 2011, from ProQuest Science Journals. (doi: 1559558901)
To read the full article, please visit the link below:
