External benefits of buffer stocks

In a recent paper, Turner and Grace¹ discuss a simulation of a buffer stock agency acting in the waste paper market in the UK. As with other writers on this subject, they consider that a buffer stock agency would have lost money if it had operated in the UK market over the period 1961–1974, a finding in keeping with simulations of primary commodity schemes². However, Turner and Grace legitimately ask whether there are any external benefits associated with a buffer stock scheme and credit the scheme with savings in that waste paper bought by the buffer stock agency does not enter the waste stream, and hence results in savings to the waste disposal authority. This paper examines the question of whether buffer stock agencies will have any such associated external benefits, and argues that benefits are positive, but are not of the magnitude implied in previous studies     

Market efficiency,filter rules and buffer stock profitability

This paper uses a model of the optimum buffer stock as a ‘filter rule’ together with a financial model that can be used to assess the efficiency of international commodity markets. The approach is simpler to apply than many other methods which have hitherto been used and yields an economy in theoretical and computational effort. The arguments are applied as a case study to the international copper market. The main conclusion is that private storage is not under-provided for and that a public buffer stock agency would be unlikely to be self-financing.     

The profitability of the buffer stocks operated under the International Tin Agreements,1956–77

In this paper estimates are made of the profitability of the tin buffer stocks operated under the International Tin Agreements. The issue of buffer stock profitability is important because under UNCTAD's Common Fund proposals some funds will be raised from money or capital markets and commercially competitive rates of interest must be paid. If a buffer stock fails to be commercially profitable, these interest payments will have to be subsidized from governmental contributions or elsewhere. Although it does seem that the International Tin Agreements have been broadly self- financing, the limited influence that they have had on market price fluctuations still leaves open the question of their usefulness.     

Challenges facing the sustainable consumption and waste management agendas: perspectives on UK households

The management of municipal waste is one of the most emotive local environmental issues in the UK at present and represents a key sustainability “battleground” as local authorities seek to reduce waste arisings and encourage the reuse and recycling of materials among households. Within the literature on household waste management, a broad range of disciplinary perspectives and practical recommendations exist and it is the aim of this paper to step back and take stock of the role of households and communities in resource consumption and waste generation patterns across the UK within recent decades. By exploring the household in this context, trends in consumption and waste generation are outlined in addition to key influencing factors such as lifestyles and well-being, demographics and environment. Finally, key lessons learnt, challenges faced going forward and approaches for developing more sustainable practices at the household, community and national levels are discussed.     

Watershed-based point sources permitting strategy and dynamic permit-trading analysis

Permit-trading policy in a total maximum daily load (TMDL) program may provide an additional avenue to produce environmental benefit, which closely approximates what would be achieved through a command and control approach, with relatively lower costs. One of the important considerations that might affect the effective trading mechanism is to determine the dynamic transaction prices and trading ratios in response to seasonal changes of assimilative capacity in the river. Advanced studies associated with multi-temporal spatially varied trading ratios among point sources to manage water pollution hold considerable potential for industries and policy makers alike. This paper aims to present an integrated simulation and optimization analysis for generating spatially varied trading ratios and evaluating seasonal transaction prices accordingly. It is designed to configure a permit-trading structure basin-wide and provide decision makers with a wealth of cost-effective, technology-oriented, risk-informed, and community-based management strategies. The case study, seamlessly integrating a QUAL2E simulation model with an optimal waste load allocation (WLA) scheme in a designated TMDL study area, helps understand the complexity of varying environmental resources values over space and time. The pollutants of concern in this region, which are eligible for trading, mainly include both biochemical oxygen demand (BOD) and ammonia-nitrogen (NH3-N). The problem solution, as a consequence, suggests an array of waste load reduction targets in a well-defined WLA scheme and exhibits a dynamic permit-trading framework among different sub-watersheds in the study area. Research findings gained in this paper may extend to any transferable dynamic-discharge permit (TDDP) program worldwide.     

A Lifecycle Assessment and Economic Valuation of Recycling

The financial costs of recycling schemes fail to account for external costs and benefits such as environmental pollution, road congestion and accidents. This paper compares the environmental and social impacts of a kerbside collection scheme for recyclable household waste, with a bring scheme, using lifecycle assessment. Economic valuation is used to assign relative weights to these impacts. A second comparison examines the relative external costs of recycling and landfill disposal of waste. The results show that the kerbside collection scheme has a lower external cost than the bring scheme, but this is of less importance than the benefits to be gained within the manufacturing system by using secondary materials. It is concluded that the combination of lifecycle assessment and economic valuation is an effective means of evaluation to direct the sustainable development of waste management.     

Cost‐benefit analysis of paper recycling: a case study and some general principles

This paper sets out the legislative background to the recycling of waste materials in the UK. Relevant items in this background include: the provision of recycling credits under the 1990 Environmental Protection Act; the draft EC Packaging Waste Directive; and the German DSD scheme. We next set out the elements of a cost‐benefit analysis of waste paper recycling, including the environmental impacts of recycling. The method is then applied to a recycling scheme in central Scotland. We find that whilst on private, financial grounds the scheme is unattractive, it passes the cost‐benefit test in the base‐line case; this justifies government support for this recycling scheme, given the data used.     

Assessing the demand of solid waste disposal in urban region by urban dynamics modelling in a GIS environment

The twentieth century saw a dramatic increase in the production of urban solid waste, reflecting unprecedented global levels of economic activity. Despite some efforts to reduce and recover the waste, disposal in landfills is still the most usual destination. However, landfill has become more difficult to implement because of its increasing cost, community opposition to landfill siting, and more restrictive environmental regulations regarding the siting and operation of landfills. Moreover, disposal in landfill is the waste destination method with the largest demand for land, while land is a resource whose availability has been decreasing in urban systems. Shortage of land for landfills is a problem frequently cited in the literature as a physical constraint. Nonetheless, the shortage of land for waste disposal has not been fully studied and, in particular, quantified. This paper presents a method to quantify the relationship between the demand and supply of suitable land for waste disposal over time using a geographic information system and modelling techniques. Based on projections of population growth, urban sprawl and waste generation the method can allow policy and decision-makers to measure the dimension of the problem of shortage of land into the future. The procedure can provide information to guide the design and schedule of programs to reduce and recover waste, and can potentially lead to a better use of the land resource. Porto Alegre City, Brazil was used as the case study to illustrate and analyse the approach. By testing different waste management scenarios, the results indicated that the demand for land for waste disposal overcomes the supply of suitable land for this use in the study area before the year 2050.     

Stabilising secondary materials markets

This paper argues that ‘secondary materials’ — waste products — are now an integral part of the global commodities problem. It analyses the background to attempts being made in several advanced economies to intervene in secondary materials markets. The forms of intervention are exact analogues of those that have been tried, or are being considered, and centre on buffer-stock schemes which aim to stabilise prices. In turn, stabilised markets have been thought to be a prerequisite for increasing the long-run supply of secondary materials. The paper casts doubt on the usefulness of such schemes for a selected product — waste paper — and presents a simulation exercise for the existence of a buffer-stock scheme.     

Optimal stabilization of the copper market: The problem of information

This paper investigates the scope for stabilizing commodity prices by buffer stock interventions. Optimal control is used, rather than simulation, to evaluate the scope for intervention at best. Applications to a world copper market model show that substantial but extensive gains to stabilization are possible. These gains cannot be realised by traditional bandwidth decision rules. An important difficulty is setting the level at which prices should be stabilized. The lack of this information severely reduces the achievable gains.     

面向城市管理的城市建筑存量研究综述

城市建筑存量研究是为适应当前城市管理的需要而出现的理论研究,与国家制定的城市可持续发展战略具有内在一致性。本文对城市建筑存量的概念进行解析,全面阐述了城市建筑存量研究的意义,概述了城市建筑存量研究的系统边界、内涵和研究方法等,总结了城市建筑存量研究的三大领域：城市建筑存量时空演变及影响因素研究、城市建筑废弃物资源化开发潜力分析研究和城市可持续管理决策支持系统开发的研究现状。目前城市建筑存量理论体系尚不够完善、定量工具和基础数据库严重缺乏,对于城市决策支持不足,未来应在城市建筑存量时空演变及环境影响分析、开发融合多学科交叉及新技术应用的分析方法和辅助城市可持续管理决策三个领域加强和深化研究。     

Voluntary recycling despite disincentives

This paper assesses the determinants of take-up of a voluntary waste separation scheme, in a scenario where residents sorted, stored and paid for collection of recycling waste even though mixed waste was collected at the kerbside more conveniently, free of charge and without any quantity limits. Uptake of the scheme was positive, persistent and diverse across localities, offering an opportunity to assess the factors determining voluntary participation in the presence of disincentives. We employ a unique panel data-set (n = 4,644) from Malta, including data on recyclable waste kilogrammes collected over the first 86 weeks of the scheme's operation. Drawing on insights from environmental economics and psychology, a model is empirically estimated. Results indicate that uptake is suppressed by the initial constraints households may face and stimulated by collection frequency. Political vote is an important determinant of participation and this interacts with scheme promotion to create diverse uptake rates.     

The implementation of wood waste ash as a partial cement replacement material in the production of structural grade concrete and mortar: An overview

The timber manufacturing and power generation industry is gradually shifting towards the use of biomass such as timber processing waste for fuel and energy production and to help supplement the electrical energy demand of national electric gridlines. Though timber processing waste is a sustainable and renewable source of fuel for energy production, the thermal process of converting the aforementioned biomass into heat energy produces significant amounts of fine wood waste ash as a by-product material which, if not managed properly, may result in serious environmental and health problems. Several current researches had been carried out to incorporate wood waste ash as a cement replacement material in the production of greener concrete material and also as a sustainable means of disposal for wood waste ash. Results of the researches have indicated that wood waste ash can be effectively used as a cement replacement material for the production of structural grade concrete of acceptable strength and durability performances. This paper presents an overview of the work carried out by the use of wood waste ash as a partial replacement of cement in mortar and concrete mixes. Several aspects such as the physical and chemical properties of wood waste ash, properties of wood waste ash/OPC blended cement pastes, rheological, mechanical and the durability properties of wood waste ash/OPC concrete mix are detailed in this paper.     

Dealing with electronic waste: modeling the costs and environmental benefits of computer monitor disposal

The importance of information technology to the world economy has brought about a surge in demand for electronic equipment. With rapid technological change, a growing fraction of the increasing stock of many types of electronics becomes obsolete each year. We model the costs and benefits of policies to manage 'e-waste' by focusing on a large component of the electronic waste stream-computer monitors-and the environmental concerns associated with disposal of the lead embodied in cathode ray tubes (CRTs) used in most monitors. We find that the benefits of avoiding health effects associated with CRT disposal appear far outweighed by the costs for a wide range of policies. For the stock of monitors disposed of in the United States in 1998, we find that policies restricting or banning some popular disposal options would increase disposal costs from about US dollar 1 per monitor to between US dollars 3 and US dollars 20 per monitor. Policies to promote a modest amount of recycling of monitor parts, including lead, can be less expensive. In all cases, however, the costs of the policies exceed the value of the avoided health effects of CRT disposal.     

Reduction of Waste and Electricity Demand in The Netherlands: A Hypothetical Intervention

An important question in the present reorganization and liberalization of infrastructure networks in many countries is what kind of regulatory regimes can provide incentives for demand management and reduction in a future situation. In this paper, the present situation in the Dutch waste and electricity sectors is analysed. It is concluded that a quantity-based tariff system and the entwined interests of organizations are key impediments to effective demand management in these two sectors. A hypothetical intervention is proposed which aims to remove these two fundamental drawbacks. Some likely consequences of the suggested intervention are discussed.     

Bioconversion of marine crustacean shell waste

This paper appraises the potential of marine crustacean shell waste from the world's fishing industry for bioconversion to industrial products and envisages almost total low-waste utilisation of such materials. Techniques for the processing of waste shells are considered and compared. We additionally investigate what is considered a vital early stage in shell processing - the viability of a lactic acid fermentation on demineralised shell for deproteinisation under both aerobic and anaerobic conditions. An integrated bioconversion scheme is proposed whereby protein, pigment (astaxanthin) and the main biopolymer constituent, chitin, can be isolated for industrial or commercial use. The scheme also suggests further conversion of the chitin to its monomer, N-acetylglucosamine, for use as a sugar or as a medium source for production of microbial biomass protein.     

Public participation in plastics recycling schemes

Without public contributions, recycling from domestic waste would not be possible. In order to support recycling projects it is important to try to understand who recycles, how they recycle, and why they recycle. This paper presents the results of a structured survey of 500 members of the public served by schemes to collect plastics waste for recycling. Data were gathered on the characteristics, behaviours and motivations of recyclers. The authors also sought to discover how the public perceive plastics compared to other materials, and as a recyclable material. Responses were collected in such a way that the awareness of the recyclability of materials could be compared with the recycling behaviour of respondents. An element of comparison was introduced between those served by a system of bottle banks (bring scheme) and those covered by a household collection (collect scheme). The survey results are reported and their implications for the management of post-consumer plastics waste collection schemes are discussed.     

Recycling and the Environmental Debate: A Question of Social Conscience or Scientific Reason?

Social conscience and public opinion have promoted a popular belief that all recycling is good for the environment. Planning policies and environmental legislation have been and continue to be influenced in part by this belief. Economic and political factors have been important especially in terms of developing recovery programmes and systems for collecting waste material. This is particularly true for paper products, for which there is now a whole range of arbitrary set recycling targets in most western countries. Paper products are different from all other major recycled products in that they are made from a renewable resource and, as recovered waste, it has alternative uses such as energy recovery. In the framework of mounting empirical evidence the aim of the paper is to question the validity of social conscience as a raison d'etre for increasing the rate of recycling paper products. Forests, which are the primary renewable resource, have important implications for a whole range of economic, social and climatic issues, especially global warming. There is an urgent need to take stock of these issues for both planning and managing the environment.     

Analysis of the role of waste minimisation clubs in reducing industrial water demand in the UK

As a result of the UK Government's waste policy, which increasingly encourages sustainable development, and the realisation that water in the UK cannot be treated as an unlimited resource, there is growing interest in reducing the demand for water by industry. A series of industrial waste minimisation clubs have been set up within the country. This paper identifies the effectiveness of these clubs in reducing the demand for water. An overview of some of the clubs show how there is a major discrepancy between potential and implemented water savings, whilst a more detailed analysis of three specific examples show how water demand and cost to the company can be reduced, with the project paying for itself within around 1 year. It appears that companies are able to reduce water consumption by approximately 30%. If this level of saving was taken up by the entire industrial sector in England and Wales, water consumption could be reduced by approximately 1500 Ml/day. This reduction would be more significant in regions of lower rainfall, for example East Anglia and Southeast England.     

Cement and concrete flow analysis in a rapidly expanding economy: Ireland as a case study

A national material flow model for concrete, the most popular construction material in Ireland, was developed based on the framework of material flow analysis. Using this model the Irish concrete cycle for the year 2007 was constructed by analysing the material life cycle of concrete which consists of the three phases of: production (including extraction of raw materials and manufacture of cement), usage (ready-mix and other products) and waste management (disposal or recovery). In this year, approximately 35 million metric tonnes of raw materials were consumed to produce 5 million metric tonnes of cement and 33 million metric tonnes of concrete. Concrete production was approximately 8 metric tonnes per capita. By comparison, the concrete waste produced in that year was minimal at only 0.3 million metric tonnes. Irish building stock is young and there was little demolition of structures in the year of study. However this build up of construction stock will have implications for the future waste flows when the majority of stock built in the last decade (43% of residential stock was constructed in the last 15 years) reaches its end of life.