Mines faculty receive $370,000 Alcoa Foundation Grant for recycling study
GOLDEN, Colo., Feb. 19, 2010 – Supported by a $370,000 grant from the Alcoa Foundation, faculty members at Colorado School of Mines’ Division of Economics and Business are investigating the impact of public policy on solid waste recycling in the U.S. The study examines how increased recycling can not only reduce municipal waste volume, but also reduce greenhouse gas emissions.
Division Director Rod Eggert and Professors Dan Kaffine and John Tilton are examining alternative methods for increasing recycling — including deposit-refund systems, pay-as-you-throw policies, and extended producer responsibility — and assessing their relative cost-effectiveness. Their goal is to identify the specific environmental and economic benefits that derive from greater recycling to inform public and private decision-making about solid waste disposal and carbon management.
“Increased recycling has the potential to reduce greenhouse gas emissions because recycling of materials like aluminum, steel and plastics typically requires less energy than primary production of the same materials,” said Eggert. “The support we’re receiving from the Alcoa Foundation will enable us to quantify the carbon savings that result from higher rates of recycling for these elements of the solid waste stream, and help to create appropriate recycling incentives for individuals, corporations and municipalities.”
About Alcoa and Alcoa Foundation
Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum and alumina combined. Serving the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, Alcoa brings design, engineering, production and other capabilities to its customers. The company is dedicated to making a sustainable product, with more than 70% of the aluminum ever produced since 1886 is still in use today. www.alcoa.com
Alcoa recognizes that the success of its business is directly connected to the strength of the communities in which it operates and together with Alcoa Foundation, works to address the needs of communities where it has a presence. In addition to addressing locally identified needs, Alcoa Foundation is focused on unlocking solutions to critical environmental sustainability challenges, including global climate change. The company combines funding with hands-on support from its employee volunteers, who gave 705,000 services hours in 2008 to make their communities stronger, more resilient places to live and work.www.alcoa.com/foundation
About Colorado School of Mines
Founded in 1874, Colorado School of Mines was established to serve the needs of the local mining industry. Today, the university has an international reputation for excellence in both engineering education and the applied sciences with special expertise in the development and stewardship of the Earth's resources. For more information about Colorado School of Mines, visit www.mines.edu.
Karen Gilbert, Public Relations Specialist / 303-273-3541 / Karen.Gilbert@is.mines.edu
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