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Cost-effectiveness of recycling and recirculation of natural and energy resources based on the equality principle
LundaHydro AB.ORCID iD: 0000-0003-2709-7052
Linnaeus University, Faculty of Health and Life Sciences, Department of Biology and Environmental Science.ORCID iD: 0000-0002-1903-760X
2016 (English)In: Environment, Development and Sustainability, ISSN 1387-585X, E-ISSN 1573-2975, Vol. 18, no 1, 95-109 p.Article in journal (Refereed) Published
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Text
Abstract [en]

A cost structure is proposed for optimizing the recirculation and recycling of commodities and energy usage considering regional, national and global operating scales. The methodology proposed involves business administration theory and economics and employs the previously introduced equality principle and the model for efficient use of resources for optimal production economy (EUROPE) to impose shadow costs on unwanted material wastes and energy residuals that produce economic incentives to reduce such wastes at the source. A case study presents the practical application of the proposed theory in a national and a global context. It is concluded that the presented methodology is useful for increasing the cost-effectiveness and optimizing recirculation and recycling in the usage of energy resources and natural resources in general. Profitability increases, technology is advanced and environmental conditions improve simultaneously through the application of the EUROPE model to analyze government policy related to the recirculation and recycling of solid wastes and energy. Furthermore, the equity of the distribution of such recirculation and recycling facilities is improved. The developed methods are useful information support tools for decision-making in the management of energy and other natural resources with emphasis on the economics of recirculated and recycled residuals.

Place, publisher, year, edition, pages
2016. Vol. 18, no 1, 95-109 p.
Keyword [en]
Recirculation, Recycling, Residuals, Resources, Commodities, Energy
National Category
Environmental Sciences
Research subject
Natural Science, Environmental Science
Identifiers
URN: urn:nbn:se:lnu:diva-49928DOI: 10.1007/s10668-015-9627-0ISI: 000369537000006Scopus ID: 2-s2.0-84957432774OAI: oai:DiVA.org:lnu-49928DiVA: diva2:907282
Available from: 2016-02-26 Created: 2016-02-26 Last updated: 2016-11-02Bibliographically approved

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Stenis, JanHogland, William
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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf