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WYDEN AMENDMENT TO ENERGY BILL
PROMOTES E-WASTE RECYCLING
Measure accepted into bill will help businesses
buy proper equipment
to process toxic electronic waste, reduce landfill dumping
June 24, 2005
Washington, DC – An amendment
written by U.S. Senator Ron Wyden (D-Ore.) and accepted into the
Senate energy bill will give American recyclers a tax credit to
help buy equipment that can be used to recycle electronic waste.
The Wyden amendment adds electronic waste to the list of qualified
recyclable materials covered under the recycling equipment tax
credit in the tax title of the energy bill. That provision would
allow businesses to claim a credit of as much as 15 percent of
the cost of equipment used to process recyclables such as newsprint,
plastic and aluminum – and now, electronic waste.
“American homes and businesses
are only going to discard more and more electronics in the coming
years, so the time to build an infrastructure to recycle all this
e-waste is now,” said Wyden. “Helping recyclers get
the equipment they need is the first step toward a national e-recycling
effort.”
Harmful e-waste is a large and
growing problem in the United States, with some experts estimating
that more than 150 million tons of electronic equipment were disposed
of in 2004 alone. The personal and office electronics that are
routinely dumped in landfills contain a number of toxins including
lead, mercury and cadmium. Buying the heavy-duty shredders needed
to process e-waste for recycling is often cost prohibitive for
recycling businesses. By making the equipment more affordable,
the Wyden amendment will enable recycling and keep more televisions,
computer monitors and central processing units out of U.S. landfills.
Wyden and U.S. Senator Jim Talent
(R-Mo.) have sponsored legislation in this Congress, the Electronic
Waste Recycling and Promotion and Consumer Protection Act of 2005,
to provide additional incentives to create the first-ever nationwide
electronic waste recycling infrastructure. More information on
the Wyden-Talent bill can be found at http://wyden.senate.gov/media/2005/03032005_ewaste.html.
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