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2011

DISHONORABLE DISPOSAL

businesses (accounting, legal, office supply companies, etc.). Induced jobs are those created as a result of the industry employees and indirect employees spending their wages to bolster another round of economic activity.

Recycling these naval assets brings a high job creation return on investment. With 95 ships, containing 613,629 tons of recyclable material valued at $611 million, more than 20,000 jobs could have been created. Compare this to President Obama’s January 2010 announcement in which $2.3 billion in Federal tax credits was expected to create 17,000 new

green jobs.132

Clearly, recycling makes job sense,

particularly in a time when U.S. unemployment rates continue to hover around 10%.

http://www.csmonitor.com/Business/new- economy/2010/0108/Obama-to-create-17-000-green-jobs.- What-s-a-green-job 132

BASEL ACTION NETWORK

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