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Dramatic Economic Impacts of Increased Recycling in South Carolina

| Written by Neil Seldman | No Comments | Updated on Dec 22, 2016 The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/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

About Neil Seldman

Neil Seldman, Ph.D., co-founded the Institute for Local Self-Reliance and is the Director of the Waste to Wealth Initiative. He specializes in helping cities and counties recover increasing amounts of materials from the waste stream and add value to the local economy  through new processing and manufacturing facilities.  Neil also serves on ILSR’s Board of Directors.

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