How Much is Your Rubbish Worth?
Ruth Alexander finds out who makes money out of what we throw away. On the trail of our recycling, she discovers a multi-billion dollar industry that is global, and in turmoil.
When you throw away rubbish, it can create an environmental problem – or a business opportunity.
Your old newspapers, tin cans and plastic bottles are someone else’s valuable harvest. Just like gold, steel, sugar or coffee, rubbish is traded all over the world as a commodity. If it can be recycled, it’s worth money.
Until recently, countries vied to recycle the waste of others. But now one of the main players - China - says it doesn’t want foreign rubbish anymore. That has sent this multi-billion dollar industry into turmoil and is forcing it to invent new solutions. Ruth Alexander reports.
Producer: Tony Bonsignore
Podcast
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The World of Business
Insights into the business