Economic waste

Definition and stakes

Frederick Arthur Ambrose Talbot,  Millions from Waste (1920)

“ In the true economic and scientific exploitation of all waste products the question of cost is vital. It may easily jeopardize such utilization. Naturally a margin of profit must be available from the working-up of the material, not only to ensure its use, but also to safeguard the sources of supply. This margin must be determined, not on the top of the market as is the case at the present moment when conditions are abnormal, but when prices for raw materials are at their minimum. ”
Source: Gutenberg

Frederick Arthur Ambrose Talbot,  Millions from Waste (1920)

“ There is one outstanding factor governing waste reclamation which often escapes observation. It is the only means whereby the cost of living may be reduced. Obviously, if a specific substance, whether it be a foodstuff or raw material for manufacture, be applied exclusively to one individual purpose, and without the residues resulting from its preparation, a certain quantity of which must necessarily be incurred, being turned to any economic account, the one application must bear the whole of the cost involved. ”
Source: Gutenberg

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