Amazon Invests $10 Million to Boost Recycling Rates, Expand End Markets for Recycled Stuff

  • October 17th, 2018  

    Amazon will invest $10 million in Closed Loop Fund to support recycling infrastructure in the US, including increasing the availability of curbside recycling for 3 million homes in communities across the country. The online retail giant says that by making it easier for customers to recycle and by further developing end markets for recycled commodities, the investment will divert 1 million tons of recyclable material from landfill into the recycling stream and eliminate the equivalent of 2 million metric tons of CO2 by 2028.

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    SOURCE: Environmental Leader Website, Oct 17, 2018.

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