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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.
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