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This paper discusses the implementation of environmental policy, in particular tax and subsidy policy, that promotes secondary material converted from industrial waste as a substitute for virgin material. We describe a management framework for policy processes that effectively deals with uncertainties and risks arising from implementing the policy. The framework proposes a feedback strategy and cooperation between players involved in the policy, in particular the government and secondary material producers. Cooperation results when secondary material producers are selected. Selection is through a bidding process predicated on price and environmental criteria that will enhance the production of competitive secondary material and lead to realising sustainable industrial ecology.
Progress in Industrial Ecology, an International Journal – Inderscience Publishers
Published: Jan 1, 2006
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