while China wasnt intentionally importing raw garbage from the US, that's effectively what they were doing for a while. While there were supposed to be limits on 'contamination' China was ignoring those limits until ~2013. Then they started enforcing something like a 0.5% contamination limit and then stopped importing all together.
the bit about Berkeley being so conscientious is crap. Berkeley's system is very efficient. Conscientious citizens put their recyclables at the curb, the bums come by in the wee hours and collect everything of value leaving only the worthless "recyclables" to be collected by the city. Consequently, the Berkeley recycling trucks drive around half empty cuz the glass and aluminum sections of the truck dont collect anything while the paper and plastics sectionz of the truck are full.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.