Dramatic Economic Impacts of Increased Recycling in South Carolina

Dramatic Economic Impacts of Increased Recycling in South Carolina

According to a new report from the Darla Moore School of Business, University of South Carolina, if just one percent of all households in South Carolina were to recycle an additional eight newspapers per month, it could mean a gain of $3.8 million in economic activity annually for the state, including 16 new jobs and $800,000 in labor income and $90,000 in state tax revenue.  The September 2016 report estimates that a “Green Economy Scenario’” with a 75% recycling rate could boost the state economy and increase recycling-related economic activity from its current level of $13 billion and 54,000 jobs to $37 billion and 153,000 jobs.

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The Benefits of Increased Household Recycling Rates in South Carolina: A Commodity-Level Analysis – by the University of South Carolina, Darla Moore School of Business, September 2016

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Neil Seldman

Neil Seldman, Ph.D, directs the Recycling and Economic Growth Initiative. He specializes in helping cities and businesses recover increasing amounts of materials from the waste stream and add value to the local economy through new processing and manufacturing facilities. He is a co-founder of the Institute for Local Self-Reliance and is a member of ILSR's Board of Directors.