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For Immediate Release August 3, 2011
Washington, D.C. – The Institute of Scrap Recycling Industries, Inc. (ISRI) has announced its strong endorsement of U.S. Senate Resolution 251, “expressing support for the improvement of collection, processing and consumption of recyclable materials throughout the United States.”
The resolution was introduced by U.S. Sens. Tom Carper (D-DE) and Olympia Snowe (R-ME), co-founders and co-chairs of the Senate Recycling Caucus. The purpose of the Senate Recycling Caucus is to educate Senate members and staff on the need for and benefits of recycling to the U.S. economy and the environment and about energy savings generated through recycling as well as to support public policies aimed at increasing recycling across the country.
“This resolution puts the U.S. Senate on record about an industry that protects the earth and our natural resources, boosts our economy, contributes positively toward the U.S. trade deficit, and creates good paying green jobs,” said ReMA President Robin Wiener. “Today the industry is facing many obstacles, but this resolution ensures us that our lawmakers not only recognize the positive contributions of scrap recycling but also recognize the need to support the industry and create a beneficial environment for its continued growth.”
The resolution was introduced on the heels of a new study released last week by ReMA highlighting the significant economic and environmental contributions of the U.S. scrap recycling industry. The study, commissioned by ReMA and undertaken by John Dunham and Associates, looks at different kinds of economic activity associated with the U.S. recycling industry, including processing, brokering and exporting – and measures both direct and indirect economic impacts - in terms of jobs, wages, taxes and total economic impact - at the national, state and congressional district levels.
The economic analysis shows that the U.S. scrap recycling industry is a major economic engine powerful enough to create 460,000 jobs within the U.S. and generate $10.3 billion in tax revenues for governments across the country, all while making the old new again and helping to protect the earth’s air, water and land for future generations. The economic study can be viewed in its entirety at www.isri.org/2011scrapjobstudy.
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A Washington, D.C. based trade association; ReMA represents more than 1,600 private, for-profit companies operating at more than 7,000 facilities in the United States and 30 countries worldwide. ReMA members are processors, brokers and industrial consumers of scrap commodities, including ferrous and nonferrous metals, paper, electronics, rubber, plastics, glass and textiles. ISRI's associate members include both equipment and service providers for the scrap recycling industry.