OH:Cincinnati:3388

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[edit] General Description

RecycleBank is a for-profit startup that runs incentive based recycling programs. RecycleBank seeks to revitalize municipal recycling by incentivizing the program for consumers. The more a customer recycles, the more “RecycleBank Dollars” he or she earns, which can be redeemed for discounts at businesses. Customers are given a special recycling bin (each has a unique RFID tag built in) in which they can recycle glass, plastic, metal, paper and cardboard. The recycling trucks identify each container and weigh the contents, crediting the household. Customers can track and manage their recycling and rewards through RecycleBank’s web site.

[edit] Points in Favor

Open space for dumping will not last forever. Everything we can do now to conserve space in our landfills will benefit taxpayers in the long run. How much do you think Rumpke will charge for pickup services 50 years from now when they have to truck all of our garbage to central Ky.

This is great because the people get rewarded for doing something good for the environment (recycling). That means they recycle more and keep all that stuff out of the landfill. The coupons and discounts mean that people can save at the store which goes a long way in this economy.

[edit] Points Against

Recycling is already heavily subsidized by the government because it is not profitable. This will only add to the subsidy.

This is not a critical need. The landfills are not going to fill up this year. This is a total waste (no pun intended) of money.

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