1945

The treatment and disposal of waste, both non-hazardous and hazardous, may be subject to high environmental standards. On one hand, waste can have a positive value: for instance, it can be sold to recycling plants or incinerators. On the other hand, some waste only represents a negative economic value for its owner, who has to bear the costs of treatment (Albers 2014). As a consequence, illegal traffic of waste increases when circumventing regulations is financially more attractive than complying with them.

Related Subject(s): Environment and Climate Change
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