However, comparing the market cost of recyclable material with the cost of new raw materials ignores economic externalities—the costs that are currently not counted by the market. Creating a new piece of plastic, for instance, may cause more pollution and be less sustainable than recycling a similar piece of plastic, but these factors will not be counted in market cost. A life cycle assessment can be used to determine the levels of externalities and decide whether the recycling may be worthwhile despite unfavorable market costs. Alternatively, legal means (such as a carbon tax) can be used to bring externalities into the market, so that the market cost of the material becomes close to the true cost.
The amount of money actually saved through recycling depends on the efficiency of the recycling program used to do it. The Institute for Local Self-Reliance argues that the cost of recycling depends on various factors around a community that recycles, such as landfill fees and the amount of disposal that the community recycles. It states that communities start to save money when they treat recycling as a replacement for their traditional waste system rather than an add-on to it and by "redesigning their collection schedules and/or trucks."
Bins in outdoor locations or other busy public areas are usually mounted to the ground or floor. Sustainable development blog This discourages theft, and also reduces vandalism by making it harder for the bins to be physically moved or maneuvered.
The amount of energy saved through recycling depends upon the material being recycled and the type of energy accounting that is used. Emergy (spelled with an m) analysis, for example, budgets for the amount of energy of one kind (exergy) that is required to make or transform things into another kind of product or service. Using emergy life-cycle analysis researchers have concluded that materials with large refining costs have the greatest potential for high recycle benefits. Moreover, the highest emergy efficiency accrues from systems geared toward material recycling, where materials are engineered to recycle back into their original form and purpose, followed by adaptive reuse systems where the materials are recycled into a different kind of product, and then by by-product reuse systems where parts of the products are used to make an entirely different product.
In a 2007 article, Michael Munger, chairman of political science at Duke University, wrote that "if recycling is more expensive than using new materials, it can't possibly be efficient.... There is a simple test for determining whether something is a resource... or just garbage... If someone will pay you for the item, it's a resource.... But if you have to pay someone to take the item away,... then the item is garbage."