IDEAS home Printed from https://ideas.repec.org/a/eee/recore/v118y2017icp47-59.html
   My bibliography  Save this article

A characterization of the Brazilian market of reverse logistic credits (RLC) and an analogy with the existing carbon credit market

Author

Listed:
  • Caiado, Nathália
  • Guarnieri, Patricia
  • Xavier, Lúcia Helena
  • de Lorena Diniz Chaves, Gisele

Abstract

Reverse logistics implementation of electrical and electronic equipment waste (WEEE) and its components has been a major concern for the Brazilian government and the private sector in the last decades. This paper proposes a description of the Brazilian WEEE proper disposal or reverse logistics credits (RLC) market and also an analogy with the carbon credit market. In order to reach this purpose a descriptive research was carried out, focusing on the study of the RLC market of WEEE in Brazil. Some specialists involved in this context were consulted regarding their perspectives for this market and the main motivations for environmental appropriate disposal of WEEE. It was discovered that the majority of the stakeholders agree that the reverse logistics credit market is a possibility, but currently there are multiple obstacles to its implementation. Regarding the comparison of RLC with the carbon credit market, there are still many aspects to be developed before the RLC market becomes a reality. The Brazilian RLC market still does not have any legal support to work on, no organization to control and audit the market, and no support from the government.

Suggested Citation

  • Caiado, Nathália & Guarnieri, Patricia & Xavier, Lúcia Helena & de Lorena Diniz Chaves, Gisele, 2017. "A characterization of the Brazilian market of reverse logistic credits (RLC) and an analogy with the existing carbon credit market," Resources, Conservation & Recycling, Elsevier, vol. 118(C), pages 47-59.
    • Handle: RePEc:eee:recore:v:118:y:2017:i:c:p:47-59
    DOI: 10.1016/j.resconrec.2016.11.021
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0921344916303585
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.resconrec.2016.11.021?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Fankhauser, Samuel & Hepburn, Cameron, 2010. "Designing carbon markets. Part I: Carbon markets in time," Energy Policy, Elsevier, vol. 38(8), pages 4363-4370, August.
    2. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808.
    3. Luppi, Barbara & Parisi, Francesco & Rajagopalan, Shruti, 2012. "The rise and fall of the polluter-pays principle in developing countries," International Review of Law and Economics, Elsevier, vol. 32(1), pages 135-144.
    4. Massimo Tavoni & Valentina Bosetti & Carlo Carraro, 2009. "Climate Change Mitigation Strategies in Fast-Growing Countries: The Benefits of Early Action," Working Papers 2009.53, Fondazione Eni Enrico Mattei.
    5. Axel Michaelowa, 2011. "Failures of global carbon markets and CDM?," Climate Policy, Taylor & Francis Journals, vol. 11(1), pages 839-841, January.
    6. Perdan, Slobodan & Azapagic, Adisa, 2011. "Carbon trading: Current schemes and future developments," Energy Policy, Elsevier, vol. 39(10), pages 6040-6054, October.
    7. Andrew, Jane & Kaidonis, Mary A. & Andrew, Brian, 2010. "Carbon tax: Challenging neoliberal solutions to climate change," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 21(7), pages 611-618.
    8. Fankhauser, Samuel & Hepburn, Cameron, 2010. "Designing carbon markets, Part II: Carbon markets in space," Energy Policy, Elsevier, vol. 38(8), pages 4381-4387, August.
    9. Corrêa, Henrique Luiz & Xavier, Lucia Helena, 2013. "Concepts, design and implementation of Reverse Logistics Systems for Sustainable Supply Chains in Brazil," Journal of Operations and Supply Chain Management (JOSCM), Fundação Getulio Vargas, Escola de Administração de Empresas de São Paulo (FGV EAESP), vol. 6(1), June.
    10. Nnorom, I.C. & Osibanjo, O., 2008. "Overview of electronic waste (e-waste) management practices and legislations, and their poor applications in the developing countries," Resources, Conservation & Recycling, Elsevier, vol. 52(6), pages 843-858.
    11. Lohmann, Larry, 2009. "Toward a different debate in environmental accounting: The cases of carbon and cost-benefit," Accounting, Organizations and Society, Elsevier, vol. 34(3-4), pages 499-534, April.
    12. Hunt, Colin, 2008. "Economy and ecology of emerging markets and credits for bio-sequestered carbon on private land in tropical Australia," Ecological Economics, Elsevier, vol. 66(2-3), pages 309-318, June.
    13. Mathews, John A., 2008. "How carbon credits could drive the emergence of renewable energies," Energy Policy, Elsevier, vol. 36(10), pages 3633-3639, October.
    14. Gareth Dale, 2008. "'Green shift': an analysis of corporate responses to climate change," International Journal of Management Concepts and Philosophy, Inderscience Enterprises Ltd, vol. 3(2), pages 134-155.
    15. Nagurney, Anna & Toyasaki, Fuminori, 2005. "Reverse supply chain management and electronic waste recycling: a multitiered network equilibrium framework for e-cycling," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 41(1), pages 1-28, January.
    16. Fleischmann, Mortiz & Krikke, Hans Ronald & Dekker, Rommert & Flapper, Simme Douwe P., 2000. "A characterisation of logistics networks for product recovery," Omega, Elsevier, vol. 28(6), pages 653-666, December.
    17. Fandel, G. & Stammen, M., 2004. "A general model for extended strategic supply chain management with emphasis on product life cycles including development and recycling," International Journal of Production Economics, Elsevier, vol. 89(3), pages 293-308, June.
    18. Michael Grubb, 2012. "Cap and trade finds new energy," Nature, Nature, vol. 491(7426), pages 666-667, November.
    19. Grieg-Gran, Maryanne & Porras, Ina & Wunder, Sven, 2005. "How can market mechanisms for forest environmental services help the poor? Preliminary lessons from Latin America," World Development, Elsevier, vol. 33(9), pages 1511-1527, September.
    20. -, 2009. "The economics of climate change," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38679, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. de Oliveira Neto, Geraldo Cardoso & de Jesus Cardoso Correia, Auro & Schroeder, Adriano Michelotti, 2017. "Economic and environmental assessment of recycling and reuse of electronic waste: Multiple case studies in Brazil and Switzerland," Resources, Conservation & Recycling, Elsevier, vol. 127(C), pages 42-55.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Qi, Shaozhou & Wang, Banban & Zhang, Jihong, 2014. "Policy design of the Hubei ETS pilot in China," Energy Policy, Elsevier, vol. 75(C), pages 31-38.
    2. Warwick J. McKibbin & Adele C. Morris & Peter J. Wilcoxen, 2014. "The Economic Consequences of Delay in US Climate Policy," CCEP Working Papers 1408, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
    3. Caetano, Marco Antonio Leonel & Gherardi, Douglas Francisco Marcolino & Yoneyama, Takashi, 2013. "A constraint satisfaction method applied to the problem of controlling the CO2 emission in the Legal Brazilian Amazon," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 392(21), pages 5322-5329.
    4. Nordhaus, William, 2013. "Integrated Economic and Climate Modeling," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 1069-1131, Elsevier.
    5. Hong, I-Hsuan & Ammons, Jane C. & Realff, Matthew J., 2008. "Decentralized decision-making and protocol design for recycled material flows," International Journal of Production Economics, Elsevier, vol. 116(2), pages 325-337, December.
    6. Vogt-Schilb, Adrien & Hallegatte, Stephane & de Gouvello Christophe, 2014. "Long-term mitigation strategies and marginal abatement cost curves : a case study on Brazil," Policy Research Working Paper Series 6808, The World Bank.
    7. Venmans, Frank, 2012. "A literature-based multi-criteria evaluation of the EU ETS," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(8), pages 5493-5510.
    8. Holt, Charles A. & Shobe, William M., 2016. "Reprint of: Price and quantity collars for stabilizing emission allowance prices: Laboratory experiments on the EU ETS market stability reserve," Journal of Environmental Economics and Management, Elsevier, vol. 80(C), pages 69-86.
    9. Brauneis, Alexander & Mestel, Roland & Palan, Stefan, 2013. "Inducing low-carbon investment in the electric power industry through a price floor for emissions trading," Energy Policy, Elsevier, vol. 53(C), pages 190-204.
    10. Adrien Vogt-Schilb & St�phane Hallegatte & Christophe de Gouvello, 2015. "Marginal abatement cost curves and the quality of emission reductions: a case study on Brazil," Climate Policy, Taylor & Francis Journals, vol. 15(6), pages 703-723, November.
    11. Di Maria, Corrado & Smulders, Sjak & van der Werf, Edwin, 2012. "Absolute abundance and relative scarcity: Environmental policy with implementation lags," Ecological Economics, Elsevier, vol. 74(C), pages 104-119.
    12. Vohringer, Frank & Haurie, Alain & Guan, Dabo & Labriet, Maryse & Loulou, Richard & Bosetti, Valentina & Shukla, Pryadarshi R. & Thalmann, Philippe, 2010. "Reinforcing the EU Dialogue with Developing Countries on Climate Change Mitigation," Sustainable Development Papers 60746, Fondazione Eni Enrico Mattei (FEEM).
    13. Doda, Baran & Quemin, Simon & Taschini, Luca, 2019. "Linking permit markets multilaterally," Journal of Environmental Economics and Management, Elsevier, vol. 98(C).
    14. Gray, Rob, 2010. "Is accounting for sustainability actually accounting for sustainability...and how would we know? An exploration of narratives of organisations and the planet," Accounting, Organizations and Society, Elsevier, vol. 35(1), pages 47-62, January.
    15. Mizan R. Khan, 2015. "Polluter-Pays-Principle: The Cardinal Instrument for Addressing Climate Change," Laws, MDPI, vol. 4(3), pages 1-16, September.
    16. Céline Antonin & Thomas Melonio & Xavier Timbeau, 2012. "L'epargne nette ré-ajustée," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(1), pages 259-286.
    17. Blanco, Christian C. & Caro, Felipe & Corbett, Charles J., 2020. "Do carbon abatement opportunities become less profitable over time? A global firm-level perspective using CDP data," Energy Policy, Elsevier, vol. 138(C).
    18. Anderson, Blake & M'Gonigle, Michael, 2012. "Does ecological economics have a future?," Ecological Economics, Elsevier, vol. 84(C), pages 37-48.
    19. Samuel Fankhauser & Cameron Hepburn & Jisung Park, 2010. "Combining Multiple Climate Policy Instruments: How Not To Do It," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 1(03), pages 209-225.
    20. Moritz A. Drupp, 2018. "Limits to Substitution Between Ecosystem Services and Manufactured Goods and Implications for Social Discounting," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 69(1), pages 135-158, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:recore:v:118:y:2017:i:c:p:47-59. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kai Meng (email available below). General contact details of provider: https://www.journals.elsevier.com/resources-conservation-and-recycling .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.