I have been recycling for years. The waste management collects it, takes it and recycles it. What happens to all the money they make from all that?
Most cities hire companies to deal with the waste, they all make profits. In my area, the recycling companies sort the curbside recycling and pay the cities by the ton for the materials then they sell it at a much higher rate to cover operating costs and keep the profits. Now that recycling has lost up to 90% of it’s value some companies are asking cities to allow them to keep the material for free and to give them space to store it. Many companies are loosing lots of money.
With the economy down people aren’t buying things so manufacturers aren’t making things and they don’t need paper, metals, glass and plastics to make them.
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