Realizing the value of recycling - Assessing the elements of a policy package

Arbeitspapier

We investigate policies for increasing recycling to facilitate decarbonization within the basic material sector, including market-based policies, such as carbon pricing, advanced disposal fee and minimum recycled content requirement, and non-market policies, such as product design standard. We develop an analytical model to assess the role of these policy instruments for recycling related choices of manufacturing industry, consumers, and waste management. We find that individual policy instruments can deliver some benefits in terms of emission reductions and welfare improvements, but that a package of policy instruments is necessary to reach the welfare maximum and effective scale of emission reductions and resource saving.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: DIW Discussion Papers ; No. 2069

Classification and Topics

• Classification: Wirtschaft ; Externalities ; Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies ; Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling ; Climate; Natural Disasters and Their Management; Global Warming
• Subject: industry decarbonization ; market failure ; high-quality recycling ; policy package

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Xi, Sun ; Neuhoff, Karsten
• Event: Veröffentlichung
• (who): Deutsches Institut für Wirtschaftsforschung (DIW)
• (where): Berlin
• (when): 2024

Further information

• Handle: http://hdl.handle.net/10419/283243
• Last update: 10.03.2025, 11:42 AM CET