How the US Economy and Environment can Both Benefit From Composting Management.

Farhidi, Faraz, Madani, Kaveh and Crichton, Rohan, (2022). How the US Economy and Environment can Both Benefit From Composting Management.. Environmental Health Insights, 16 n/a-n/a

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  • Sub-type Journal article
    Author Farhidi, Faraz
    Madani, Kaveh
    Crichton, Rohan
    Title How the US Economy and Environment can Both Benefit From Composting Management.
    Appearing in Environmental Health Insights
    Volume 16
    Publication Date 2022-10
    Place of Publication UK
    Publisher SAGE Publications
    Start page n/a
    End page n/a
    Language eng
    Abstract Composting is one of the environmentally friendly ways of reducing organic waste. It is economically viable since it cuts costs associated with the hauling of wastes and enables farmers to reduce the use of fertilizers. Composting operations are relatively non-existent in the solid municipal waste sector, as the market has molded itself and grown into a standard “bury-or-burn” model. As humans are trying to address global warming, composting proves to be a promising climate change mitigation option, benefiting societies in terms of the environment, the economy, and overall health. This study projects that—with the current trends—by the end of 2030, the U.S. can increase the compost to waste ratio by 18% from 10%, reducing carbon emissions by 30 million tons a year while saving around 16 billion USD in municipal waste management costs. Analyzing the existing records in the OECD countries suggests that economic motives are not powerful enough to incentivize the industry/household toward composting. Stricter environmental policies can boost the composting volume by 214-574 thousand tons per year. Imposing waste taxes and penalties can give birth to a vast industry that has not yet flourished while the economic subsidies financed by the collected taxes and penalties can incentivize the private sector to further invest in composting.
    Keyword Carbon reduction
    food nutrition
    Copyright Holder The Authors
    Copyright Year 2022
    Copyright type All rights reserved
    ISSN 1178-6302
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    Created: Sat, 30 Sep 2023, 05:23:29 JST by Věra Greschner Farkavcová on behalf of UNU FLORES