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Environmental Cost of Waste Electrical and Electronic Equipment: Value and Evaluation Criteria

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This project aims to evaluate the environmental cost of waste electrical and electronic equipments by the following process: Firstly, we review the methodology and measurement tools of environmental cost. Secondly, we identify the hazards of the waste (e.g. phosphor powder, waste oil, and heavy metal, etc.) and the possible impact path to human health as well as the environment. And finally, we evaluate the environmental cost by collecting quantitative data from interview, questionnaires, and case studies. From previous literature, there are a number of ways to evaluate environmental cost. The methods can be roughly categorized as (1) the cost-based method (e.g. clean-up cost, abatement cost, and replacement cost), and (2) the damage-based method (e.g. hedonic price method, averting behavior method, cost of illness method, health production function, travel cost method, contingent valuation method, and conjoint analysis). For the calculation convenience of Disposal Fee Formula, we use the cost-based method as measuring basis for two reasons: (1) the data are generally available; (2) the data should be easy updated annually. We therefore evaluate clean-up cost, abatement cost, and replacement cost of waste electrical and electronic equipment. Four policy suggestions are derived from this research: 1.In Disposal Fee Formula, the abatement cost should be taken as proxy of the environmental cost for waste electrical and electronic equipment。 2.The income comes from environmental cost should be exactly used in pollution control and recycle. 3.The revenue and the expense of environmental cost should be consistent with each other. Otherwise, the environmental cost should be considered to be excluded from Disposal Fee Formula. 4.The government should promote environmental information disclosure system.
Keyword
Environmental Cost, Evaluation Criteria, Evaluating environmental cost
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