Recycling market crashes

[jeffrey]

Mountains of used plastics, paper, metals and cardboard are piling up in the warehouses and yards of recycling companies across the US. Some contractors are negotiating to rent old military hangars and abandoned railway depots because they have run out of storage space for the glut of suddenly unwanted rubbish.

The collapse in the recycling market is a direct by-product of the financial crisis, as demand has slumped for material to be converted into everything from boxes for electronics to car parts and house fittings.

Householders have long been able to feel virtuous about their impact on the environment by sorting out their rubbish each week. But now the great trash market crash has even raised the environmentally alarming spectre that some waste intended for recycling may end up in landfills...

Crash in trash creates mountains of unwanted recyclables in US - Telegraph

[CoreAssets]

They're are getting closer and closer.