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Company Online Stock Trading New York City's budget negotiations have stalled on the issue of recycling. Although there are other points of disagreement between the City Council and Mayor Michael Bloomberg, the big sticking point is Mr. Bloomberg's desire to save money by suspending a key part of the city's recycling system.

Online Trading Stock And Council members argue that before junking the entire plan, the city should take six months and scramble to find ways to make recycling a better deal. It took years to train New Yorkers to separate their garbage. If they stop now, it may take years to get them going again. Six months is not too long to give the Council, the mayor's office and the Sanitation Department to start improving things.

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Stock Investing Course Mayor Bloomberg deserves credit for focusing attention on the costs of recycling as part of New York's growing garbage crisis. There is no dispute that it has not worked as well as proponents hoped when the program was launched a dozen years ago. The mayor wants to continue to require New Yorkers to separate their paper, which has market value, but he has been pushing to stop the "blue bag" recycling of glass, metal and plastic. He says that would save the city $50 million a year.

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Stock System Trading There is no reason to continue unsuccessful city programs just because they exist, but there is no reason to stop an important one before the options for fixing it are examined. In six months, environmentalists and city officials could consider potentially workable options like collecting glass in a way that retains its value. Privatization of the program should also be explored. An expansion of the state's bottle redemption law to other plastics would help cut down on litter, paving the way for less garbage going through the city sanitation system.

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Stock Investing Game Viewed as part of the overall garbage crisis that Mr. Bloomberg now needs to address in earnest, recycling is important, not only environmentally but politically. If New York doesn't reuse or redeem a good percentage of its daily trash, the city will find it harder to persuade other states to take it for a reasonable fee. In the end, that could cost the city more than a six-month extension of recycling.

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Market Stock Trading New York Times - 6/14/2002

Topic: Recycling

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