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CHAPTER 12


              Economic Factors for Toxic Waste

              Management


              Debabrata Barik
              Department of Mechanical Engineering, Karpagam Academy of Higher Education, Coimbatore, India.





              12.1  INTRODUCTION
              In recent years, the world economy has achieved considerable economic
              and social development. The adoption of market-oriented policies and the
              active participation of the private sector have contributed immensely to the
              development process in the field of waste management. Despite significant
              economic and social progress has been made, the world now faces wide-
              spread degradation and depletion of our natural environment. The analysis
              of long-term consequences of economic growth was shown in the form of
              natural resource limits and its waste management policies, because without
              proper management of waste the society seems to be unhygienic and the
              slum. The essence of the environmental problem is the economy-producer
              behavior and consumer desires. Without the economy, most environmental
              issues are simply research questions of concern with no policy significance.
              The environment provides the resources to satisfy the basic needs of human
              life. Apart from this, it plays an important role in the ethical, religious, social,
              and cultural values of societies. Human beings are dependent on their living,
              health, and enjoyment of life on the basic biological systems. Ecosystems
              provide many services to mankind such as recreation, tourism, etc. This
              multiplicative nature indicates the complexity of the issues concerning
              natural resource management. Benefits derived from the sustainable use of
              natural and environmental resources are generally categorized into three
              groups: ecosystem services, biological benefits, and socioeconomic benefits.
                 Ecosystem services include the protection of water resources, soil forma-
              tion and protection, nutrient storage and cycling, pollution breakdown and
              absorption, contribute to climate stability, maintenance of ecosystems, and
              recovery from unpredictable events. Ecological diversity is essential in the




              Energy from Toxic Organic Waste for Heat and Power Generation  © 2019 Elsevier Ltd.
              https://doi.org/10.1016/B978-0-08-102528-4.00012-2  All rights reserved.  195
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