Overview

In this concise, engaging, and provocative work, Richard Porter introduces readers to the economic tools that can be applied to problems involved in handling a diverse range of waste products from business and households. Emphasizing the impossibility of achieving a zero-risk environment, Porter focuses on the choices that apply in real world decisions about waste. Acknowledging that effective waste policy integrates knowledge from several disciplines, Porter focuses on the use of economic analysis to reveal the ...
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The Economics of Waste

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Overview

In this concise, engaging, and provocative work, Richard Porter introduces readers to the economic tools that can be applied to problems involved in handling a diverse range of waste products from business and households. Emphasizing the impossibility of achieving a zero-risk environment, Porter focuses on the choices that apply in real world decisions about waste. Acknowledging that effective waste policy integrates knowledge from several disciplines, Porter focuses on the use of economic analysis to reveal the costs of different policies and therefore how much can be done to meet goals to protect human health and the environment. With abundant examples, he considers subjects such as landfills, incineration, and illegal disposal. He discusses the international trade in waste, the costs and benefits of recycling, and special topics such as hazardous materials, Superfund, and nuclear waste. While making clear his belief that not every form of waste presents the same amount of risk, Porter stresses the need for open-minded approaches to developing new policies. For students, policymakers, and general readers, he provides insight and accessibility to a subject that others might leave out-of-sight, out-of-mind, or buried under an impenetrable prose of statistics and jargon.
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What People Are Saying

Terry M. Dinan
A comprehensive, careful, and interesting treatment. (Terry M. Dinan, Congressional Budget Office)
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Product Details

  • ISBN-13: 9781136524370
  • Publisher: Taylor & Francis
  • Publication date: 9/30/2010
  • Sold by: Barnes & Noble
  • Format: eBook
  • Pages: 320
  • File size: 2 MB

Meet the Author

Richard C. Porter is professor emeritus in the Department of Economics at the University of Michigan. His previous books include Economics at the Wheel: The Costs of Cars and Drivers and Economics of Water and Waste: A Case Study of Jakarta, Indonesia.

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Table of Contents

Preface
1 Economics and Waste: An Introduction 1
Pt. 1 Solid Waste Creation, Collection, and Disposal
2 Business Waste 23
3 Household Waste Collection 39
4 Solid Waste Landfills 54
5 Incineration of Solid Waste 71
6 Illegal Disposal and Litter 86
7 Exporting and Importing Waste 102
Pt. 2 Recycling Solid Waste Products
8 Market Failure in Recycling 121
9 Economics of Recycling 133
10 Policies for Recycling 148
11 Logistics of Recycling 164
12 Markets for Recycling 177
13 Yard Waste and Composting 187
Pt. 3 Special Waste Categories
14 Hazardous Waste 199
15 Superfund 218
16 Radioactive Waste 239
Pt. 4 Final Thoughts
17 What Have We Learned? 259
References 267
Index 293
About the Author 301
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