The Benefits of Product Stewardship.

10
What are the financial benefits of product stewardship? Prepared by the Product Stewardship Institute

Transcript of The Benefits of Product Stewardship.

Page 1: The Benefits of Product Stewardship.

What are the financial

benefits of product

stewardship?

Prepared by the Product Stewardship Institute

Page 2: The Benefits of Product Stewardship.

The cyclical system created by product

stewardship creates

jobs and saves taxpayer

money.Prepared by the Product Stewardship Institute

Page 3: The Benefits of Product Stewardship.

By closing the loop to reuse materials we create

local jobs to collect, sort, refurbish and recycle materials.

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Recycling creates more than 10 times the number of jobs created by disposing of goods

in a landfill Turning old paint..

Into new paint

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Page 5: The Benefits of Product Stewardship.

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

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Page 6: The Benefits of Product Stewardship.

Why are we concerned about government saving money?

Nebraska spent an estimated $1.5 million tax dollars last year managing household hazardous waste

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Page 7: The Benefits of Product Stewardship.

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

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Page 8: The Benefits of Product Stewardship.

EPR shifts the costs and responsibility off

government and taxpayers.

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Page 9: The Benefits of Product Stewardship.

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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

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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