Joseph Pickard: October 4, 2016

Bigger Than the Bin: The Benefits of Recycling

Institute of Scrap Recycling Industries (ISRI) Publishes Detailed, Statistical Look at the Recycling Industry


Joseph Pickard

Chief Economist and Director of Commodities at the ISRI

Most people think of recycling as just the blue bins they set at the curb but recycling is much β€œbigger than the bin.” Recycling is the processing of scrap into tradable and highly-valued specification-grade products that manufacturers use as raw material inputs to make new products. It’s an industry that dates back to the beginning of human existence itself, and has evolved into a highly technical and sophisticated industry benefiting your community and the environment.

Some of the benefits of recycling are it reduces the amount of material sent to landfills and incinerators; conserves natural resources such as timber, water, and minerals; Prevents pollution by reducing the need to collect new raw materials; Saves energy; Reduces greenhouse gas emissions that contribute to global climate change; Helps sustain the environment for future generations; and Helps create new well-paying jobs in the recycling and manufacturing industries in the United States.

ISRI recently announced the release its fifth annualΒ ISRI Scrap Yearbook, providing the most up-to-date, comprehensive information and statistics about the U.S. and global scrap industry. In addition to the many economic and environmental benefits covered, new this year is expanded information on the global portion of the industry, including increased data on trends and markets.

Joseph Pickard, Chief Economist and Director of Commodities at The Institute of Scrap Recycling Industries, Inc. is available for you and your listeners on Tuesday, October 4th, to discuss the ISRI yearbook, recent trends, and how exactly the recycling industry works.

More About Joseph Pickard:

Joseph Pickard serves as the Chief Economist and Director of Commodities at The Institute of Scrap Recycling Industries, Inc. in Washington D.C., where he conducts research and analysis on commodity and scrap market developments and the key economic role that recycling plays both in the U.S. and abroad. As a current member of the Environmental Technologies Trade Advisory Committee and Industry Trade Advisory Committee No. 9, he serves as an advisor on recycling related trade issues to the U.S. Commerce Department and the Office of the U.S. Trade Representative. He also serves as the General Delegate to the Stainless Steel Committee at the Bureau of International Recycling. He holds an M.A. in Economics from Virginia Tech, a B.A. in Political Science from Loyola University Maryland and also studied at George Mason University and KU Leuven in Belgium.

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