What is it about?
This work proposes that industrial waste be regarded, in a business economic sense, as having the same basic status as regular products. A mathematical expression, the equality principle, for assigning industrial costs to residuals is presented.
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Why is it important?
The disposal of industrial waste often creates serious environmental problems. These problems must be reduced to conserve the natural environment. This calls for links between company profits and the proper handling of waste. Thus, the launched equality principle equates industrial waste with regular products in terms of the allocation of costs.
Perspectives
My expression will be employed for estimating the 'true' internal costs of industrial waste, that will be found to have a substantial negative impact on profits.
Dr. Jan Stenis
Swedish state
Read the Original
This page is a summary of: Environmental optimization in fractionating industrial wastes using cost-benefit analysis, Resources Conservation and Recycling, May 2004, Elsevier,
DOI: 10.1016/j.resconrec.2003.09.005.
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