It is common knowledge that recycling plays an important role in protecting the air, water and land. It would be hard to determine the monetary value for these essential and valuable natural resources, but the economic value of recycling can be quantified.
Recycling materials into new products is not only good for the environment but also a major job creator and generator of tax revenues. It plays an important role in state and national economies, creating jobs and generating billions in annual economic activity.
A Major Contributor to Jobs, Wages and Tax Revenues
The Environmental Protection Agency’s 2016 Recycling Economic Information (REI) report, which looked at the numbers of jobs, wages and tax revenues attributed to recycling nationally, found that recycling and reuse accounted for 757,000 U.S. jobs, $36.6 billion in U.S. wages and $6.7 billion in U.S. tax revenues in the year 2007.
Iron and Steel
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