Did you know that only fifty percent of people living in the United States have easy access to curbside recycling? For some of those people that do not have curbside recycling, it means a trip to an inconvenient drop-off site, and for the many others, there is no place to go with their recyclables.
PepsiCo is funding a new program to build smaller local recycling facilities with a $35 million dollar investment. They say it can be done for around $1.5 million per facility. It’s called the Closed Loop Local Recycling Fund and is going to work to install mini recycling facilities in “recycling deserts” around the country. They are looking for big parts of the country that do not have recycling in a way that local residents are willing to use. Bridget Croke is a managing director at Closed Loop Partners, a circular economy investment firm that is managing the program.
You can read more about the program and it’s potential for success here.
It is huge challenge in todays environment to get people and businesses that are used to doing things a certain way with their products, to change their habits and cost of doing business. Especially when you consider the economics and emotion involved. However, it is more evident now that our overuse and abuse of plastics and many other materials is having a tremendously adverse effect on the environment.
Kudos to PepsiCo for taking up this initiate and investment to help make planet Earth a more sustainable place to inhabit.
By the way, if you have anything collecting dust around your house that you are not using, or maybe you just received a gift that you can’t use, don’t throw it away or put it on a shelf to sit there for months or years. Post it on Tradezer and get something in return that you can use for it.
If everyone would remember this simple concept, the Earth would be a better place.
Trading is Recycling – Reduce, Reuse, Recycle