Sunday, May 12, 2024

RECYCLING FOR CARBON CREDITS

RECYCLING FOR CARBON CREDITS Our waste recycling attempts have failed because there are not enough financial incentives for residential and industrial recyclers. It's as simple as “no money no honey”. There are no two ways around it, because not unless there is money to be made, individuals and companies will not recycle. Although it might appear to be negative thinking on my part, that is the simple truth about human nature. At the residential level, I believe that there is still a possibility of creating a market for recyclables, both for biodegradables and non-biodegradables. This is as simple as buying and selling. Individuals will collect and segregate recyclables, if there is someone who will buy these at a good price. At the industrial level, I also believe that there is also a possibility of creating a market for recycled finished products, such as construction materials and supplies. Not only can businessmen make money by buying and selling these products, but they can also make money through carbon credits. Government agencies such as DILG, DPWH and DHSUD could be the ready market for these construction materials. Even private developers could be required to buy these materials, but with carbon credits and tax rebates of course. There could be other ideas, but let’s start with this. IKE SENERES/05-13-2024

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