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Waste disposal and recycling

An economist’s view

Waste is an unwanted but unavoidable by-product of economic activity, and the volume of waste produced by our society is at the centre of the debate on environmental policy. Christian Spielmann discusses how economics can provide insight into how policy can tackle the problem

Figure 1 Total amount of waste from households and business
Source: Data from Eurostat

environmental economics, externalities, waste and recycling

Every year the UK produces around 250 million tonnes of waste (see Figure 1). Such waste comes from industrial production, household consumption and businesses. Roughly 30 million tonnes of this is solid waste collected by municipal authorities. Municipal waste mainly includes the rubbish from households that fills our bins, but also includes waste from offices and public institutions. Considering the concentration of people living in cities and urban areas, organising municipal waste collection has become a costly and complex challenge for governments.

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Making the most of your economics studies

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