Study touts recycling's economic benefits.The South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. Recycling Market Development Advisory Council has released results from an economic impact study showing that recycling plays an important role in the state's economy. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the study conducted by Frank Hefner and Calvin Blackwell, economists at the College of Charleston The College of Charleston (CofC) is a public university located in historic downtown Charleston, South Carolina. The College was founded in 1770 and chartered in 1785, making it the oldest college or university in South Carolina, the 13th oldest institution of higher learning in , the recycling industry creates an estimated $6.5 billion of total economic impact in the state. This can be attributed to the more than 300 recycling companies in South Carolina, including haulers, processors, recycled product manufacturers and equipment manufacturers. The study suggests that the recycling industry is growing and that new markets for recyclables are emerging. The recycling industry is expected to grow at an annual rate of 12 percent per year throughout the next five years, leading to a potential $11 billion economic impact, according to the findings. "In 2004, the cost to landfill 1 ton of municipal solid waste “Municipal waste” redirects here. For other uses, see Municipal waste (disambiguation). Municipal solid waste (MSW) is a waste type that includes predominantly household waste (domestic waste) with sometimes the addition of commercial wastes collected by a (MSW (MicroSoft Word) See Microsoft Word. ) was $32. Adjusting for inflation, if all of the recyclable material in landfills had been recycled, that would have saved more than $30 million," Hefner says. Future goals of the statewide council, which consists of recycling industry representatives as well as public and governmental representatives, include defining recycling as an economic cluster in South Carolina, increasing the capital investment in South Carolina's recycling industry and helping to expand recycling related jobs. The study was commissioned by the council, which is part of the South Carolina Department of Commerce, in conjunction with the South Carolina Department of Health and Environmental Control The South Carolina Department of Health and Environmental Control (also known as "SC DHEC" or simply "DHEC") is the government agency responsible for health and environment control in the American state of South Carolina. . More information is available at www.sccommerce.com/recycling.html. |
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