The Impacts of Incentive Policy on Construction and Demolition Waste Recycling
Publication: ICCREM 2023
ABSTRACT
The rapid urbanization process has generated a large quantity of construction and demolition (C&D) waste over the past two decades. Properly dealing with C&D waste is crucial for achieving sustainable development. Due to 3R principles, waste recycling is widely accepted as the ideal measure to turn waste into treasure. Additionally, incentive policies play a vital role in promoting the development of waste recycling. However, the development of C&D waste recycling in developing countries has been unsatisfactory. In light of this situation, this study proposes an incentive policy based on subsidies and environmental taxes. The feasibility of using subsidy and environmental tax is verified, and the impact of incentive policy is discussed by using a game theory model. Furthermore, a minimum threshold for the effective subsidy level is determined. The results would provide valuable insights for construction and demolition waste management.
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Published online: Nov 30, 2023
ASCE Technical Topics:
- Business management
- Construction engineering
- Construction methods
- Construction wastes
- Demolition
- Engineering materials (by type)
- Environmental engineering
- Financial management
- Industrial wastes
- Materials engineering
- Municipal wastes
- Pollutants
- Practice and Profession
- Recycling
- Solid wastes
- Sustainable development
- Taxation
- Waste management
- Wastes
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