Recycling or reuse of resources is an important part of sustainability because it reduces the negative human impact on the environment and helps reduce the pressure on natural resources. Recognizing there is no clear solution, the country of DCM is, nevertheless, planning on making a significant investment in setting up recycling facilities throughout the country. DCM has embraced the new economic model of a “circular economy” as discussed in “Towards a Circular Economy: Business Rationale for an Accelerated Transition” Link is also available on course website.
Based on your “expertise” in environmental economics, you have been hired as a consultant to the country of DCM to assist them in their investment planning regarding Plastics. In a minimum of 1000 words, provide the country of DCM with your recommendations on how to best achieve their goal. In your analysis, be sure to discuss the benefits and costs of plastic recycling (some have claimed it is not the panacea often discussed). Since you will need to consult additional sources, be sure to cite these sources (make the link available, for example).
