In the November 2008 edition of Recycling Today, a closer look is taken at the $700 billion stimulus package and how it will affect the recycling industry.

The package includes provisions of the Recycling Investment Saves Energy (RISE) legislation that will provide a 50 percent accelerated depreciation allowance for recycling equipment purchases.
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“RISE will lead to improvements in recycling by providing low-cost incentives for purchases of recycling equipment that will ultimately help the United States reduce its energy use and greenhouse gas emissions while helping the U.S. economy and creating good manufacturing jobs.” (Robin Wiener, president of the Institute of Scrap Recycling Industries Inc. Washington)

To read more about the Recycling Investment Saves Energy (RISE) bill as it pertains to the recycling industry visit govtrack.us.

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