A practical inspiration on used product recycling in Chinese context: recovery-responsibility trading right strategy

DOI

10.2991/iceep-16.2016.57How to use a DOI?

Keywords

used product recycling; Chinese context; recovery responsibility; trading right.

Abstract

Faced with the international environmental pressure and transaction obstacles, Chinese government has enacted and implemented laws which contain the requirement of EPR (Extended Producer Responsibility) in manufacturing industry. However, the implementation effect is not ideal. Firstly, this paper explores the current characteristics of used product recycling in Chinese manufacturing industry via the method of case study: a. the recycling condition of OEM-dominated mode is relatively mature for many OEMs which have established their own recycling subsidiary or held shares in third party recycling enterprises; b. the existing OEM recycling capacity is uneven and not furthest utilized; c. the OEMs' initial EPR efforts are not effectively stimulated and rewarded. Based on the above features, the recovery-responsibility trading right of used product recycling is put forward. Compared to the carbon trading right, the recovery-responsibility trading right emphasizes some special factors. This paper systematically elaborates the idea of recovery-responsibility trading right strategy and proposes the implementation framework of recovery-responsibility trading right strategy based on the practical operation.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Shuiye Niu
AU  - Fangchao Xu
PY  - 2016/11
DA  - 2016/11
TI  - A practical inspiration on used product recycling in Chinese context: recovery-responsibility trading right strategy
BT  - Proceedings of the 2016 5th International Conference on Energy and Environmental Protection (ICEEP 2016)
PB  - Atlantis Press
SP  - 332
EP  - 335
SN  - 2352-5401
UR  - https://doi.org/10.2991/iceep-16.2016.57
DO  - 10.2991/iceep-16.2016.57
ID  - Niu2016/11
ER  -