Something very screwy going on with the numbers in this article. Says this family made 7.6 million dollars recycling 178 tons of cans and bottles over 8 months. Then it says another group was caught doing basically the same thing the year before but made over 10 million dollars recycling only 9 tons of cans and bottles. Wtf?
Worked at a recycle depot once and paid out $200 for a bag of 5 hour energy drinks (RIP heart). The same bag of cans would have been around $10~$15.
I also became interested, this article includes sale price of alluminum for 2019, some implications of China’s restrictions from 2018, and what the Ont. government was aledgedgly doing to undermine recycling.
No I get that, but if they’re just scrapping the aluminum then they wouldn’t be in trouble for scamming the CV tax. Only way 9 tons of aluminum or glass is worth 10 mil is with a whole mess of cv fraud, but 178 tons of scrap aluminum and glass for 7 and a half mil? Sounds about right. Something is very weird with these numbers.
Something very screwy going on with the numbers in this article. Says this family made 7.6 million dollars recycling 178 tons of cans and bottles over 8 months. Then it says another group was caught doing basically the same thing the year before but made over 10 million dollars recycling only 9 tons of cans and bottles. Wtf?
It’s not just the recycled weight but the 5-10 cents per item which bumps up the value.
Worked at a recycle depot once and paid out $200 for a bag of 5 hour energy drinks (RIP heart). The same bag of cans would have been around $10~$15.
I also became interested, this article includes sale price of alluminum for 2019, some implications of China’s restrictions from 2018, and what the Ont. government was aledgedgly doing to undermine recycling.
No I get that, but if they’re just scrapping the aluminum then they wouldn’t be in trouble for scamming the CV tax. Only way 9 tons of aluminum or glass is worth 10 mil is with a whole mess of cv fraud, but 178 tons of scrap aluminum and glass for 7 and a half mil? Sounds about right. Something is very weird with these numbers.