Are there any examples of financial incentives that encourage people to reduce their weekly waste?
Pay-As-You-Throw (PAYT), also known as variable-rate trash disposal pricing, is a system in which residents pay for each unit of waste discarded rather than paying a fixed fee per residential household. It is equivalent to putting a price tag on each container of trash that is placed at the curb or taken to the landfill or transfer station for disposal. As residents pay directly for waste disposal services, they have a financial incentive to reduce their waste through recycling, composting, and source reduction. Does composting cut costs? The Fruitstand, a small produce outlet located in lower Manhattan, generates a waste stream consisting primarily of spoiled fruits and vegetables and cardboard. Its organic waste is collected and composted by Outstanding Renewal Enterprises, Inc. (ORE), who on average, collects 2.4 tons of source-separated organic waste from The Fruitstand every month. The collection cost is slightly less than what the company paid previously for disposal, and their o