Ban on e-scrap exports would impinge on US job industry, says ISRI study report
Waste & Recycling | 2013-06-05 02:09:28 | By Paul Ploumis
The latest study report released by the Institute of Scrap Recycling Industries (ISRI) states that export ban of electronics scrap by the US will have a bearing on the job industry and will deter fresh investments in the sector
NEW YORK (Scrap Monster) : The latest study report released by the Institute of Scrap Recycling Industries (ISRI) states that export ban of electronics scrap by the US will have a bearing on the job industry and will deter fresh investments in the sector.
The study was conducted by renowned economic research firm John Dunham and Associates based in New York. According to the findings of the study, imposition of export ban on used electronics by the US would upset the country’s economy. Moreover the export ban would also lead to vast job cuts. Ironically, the findings of the new study are in complete disagreement with the earlier report released by the Coalition for American Electronics Recycling (CAER) which claimed that export ban would lead to fresh domestic job opportunities.
The John Dunham report states that a ban on export of electronics scrap would reduce competition among the industry players which can ultimately lead to the death of responsible recyclers in the country. As per the report, export ban would force small businesses to quit as they may find themselves in a situation unable to compete with large scale businesses with modern machinery and manpower facilities. In addition, fresh investments will be blocked leading to zero job creation in the sector.
The report further states that imposing ban on exports would cause job losses. As per available statistics, there were 162,000 scrap export related jobs in US during 2011.
John Dunham and Associates is an economic research firm uniquely focused on government relations, who specializes in economic and fiscal impact studies by any legislative district or geographic area.