In 2014, the Ministry for the Environment commissioned KPMG to research economic barriers to tyre recycling in New Zealand.
In 2014, the Ministry for the Environment commissioned KPMG to research economic barriers to tyre recycling in New Zealand.
The report focused on identifying:
• economic drivers and barriers to investment in tyre recycling
• potential government interventions to address the barriers
• recommendations for implementation strategies.
The report confirmed that investment in recycling remains hampered by three principal barriers including limited markets for recycled tyre products, a lack of scale, and insufficient funding in the absence of markets.
KPMG shortlisted three intervention options for which a cost-benefit analysis was completed: status quo; bounded free market; and mandatory product stewardship.