The Benefits of Product Stewardship.
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Transcript of The Benefits of Product Stewardship.
What are the financial
benefits of product
stewardship?
Prepared by the Product Stewardship Institute
The cyclical system created by product
stewardship creates
jobs and saves taxpayer
money.Prepared by the Product Stewardship Institute
By closing the loop to reuse materials we create
local jobs to collect, sort, refurbish and recycle materials.
Prepared by the Product Stewardship Institute
Recycling creates more than 10 times the number of jobs created by disposing of goods
in a landfill Turning old paint..
Into new paint
Prepared by the Product Stewardship Institute
Greening the way we do business can create opportunities for business innovation
• the sustainable packaging industry is set to
become a $143 billion dollar industry by 2015 (globally)
• the electronics recycling industry was over $1.5 billion dollar industry in the U.S. 2005 and is growing rapidly
Prepared by the Product Stewardship Institute
Why are we concerned about government saving money?
Nebraska spent an estimated $1.5 million tax dollars last year managing household hazardous waste
Prepared by the Product Stewardship Institute
We spent an estimated
$850,000 on collection
events and permanent
facilities during the
year just in 11
Nebraska communities
…but comprehensive state-wide collection would be significantly higher
In Nebraska in 2009, we collected approximately 1.1 million pounds of HHW
Prepared by the Product Stewardship Institute
EPR shifts the costs and responsibility off
government and taxpayers.
Prepared by the Product Stewardship Institute
Prepared by the Product Stewardship Institute
Potential Financial Benefits for Nebraska
Electronics $3.7 millionPaint $3.5 millionPesticides $2.2 millionBatteries (primary) $1.4 millionBatteries (secondary) $428,000Medical sharps (home) $1.1 millionFluorescent lamps (household) $500,000Phone books $232,000Thermostats (mercury) $267,000
Total Maximum Benefits for Nebraska $13.5 million/yr9
Prepared by the Product Stewardship Institute
Safely Collecting these goods,
• Keep toxics out of our environment
• Recover materials
which can reduce the need for new virgin materials