Monday, December 8, 2008

Crushed

The New York Times ran an article today about how prices for recyclables have plummeted in the last few months. Tin, for example, is selling for about $5 per ton compared to $327 earlier in the year. Recycling contractors are stockpiling the goods, waiting for the prices to rise.

This news is crushing. (heh. heh?)

As with this whole economic downturn, the prices will bounce. In the meantime, perhaps the waste management spotlight will shift more towards waste reduction instead of increased recycling.

2 comments:

Unknown said...

Breckenridge is pushing to eliminate plastic bags. http://www.summitdaily.com/article/20081211/NEWS/812109956&parentprofile=search
and recycling market takes a hit
http://www.summitdaily.com/article/20081209/NEWS/812099962&parentprofile=search

Meredith Sorensen said...

Thanks for the local info, Joanne!