It has become quite common knowledge that the price of scrap metals has fallen dramatically. Recycling facilities and scrap processors can’t even ship the material anywhere because so few are even buying. There is an oversupply of material in the markets right now. So, what kind of effect will this have on recycling rates?
I think we have hit a critical time in the history of recycling. With little to no financial incentive to recycle, will regular consumers continue to recycle? Or, will they start to throw those items in the trash? At some point, if yards fill up enough and there is no longer room to accept any more material, will the general public hold onto their recyclables until the markets get moving again? How much do you really care about recycling? Enough to store the material for a few months, letting it stack up in your garage or wherever? I think it’s a question we all need to ask ourselves to judge our true commitment to recycling.