E-Waste Legislation Could Prove a Major Boon to GTSO’s Recycling Initiative
SAN JOSE, Calif. -- April 19, 2013
New legislation to keep more e-waste out of landfills could prove to be a
major boon in Green Technology Solutions’ (OTCBB: GTSO) expansion efforts into
the billion-dollar urban mining industry.
Electronic products have become the fastest-growing portion of the solid waste
stream in the U.S., posing a daunting challenge to government agencies that
oversee landfills. Many discarded electronics contain toxic materials such as
lead and mercury, making their improper disposal a risk to human health and
These risks have prompted 22 states to pass legislation since May 2009 to
regulate e-waste recycling and ban certain electronics from landfills. Texas
Rep. Gene Green has pledged to introduce a bill known as the Responsible
Electronics Recycling Act (RERA) in this session of Congress that would
restrict the export of e-waste to developing nations for dumping.
The bill could be a gold mine for recyclers like GTSO, and the company is
working to develop new solutions to turn that trash into treasure. Current
recycling processes waste too many dollars and resources to be profitable. New
technology promises to change that, which is why GTSO is pursuing new
innovations geared towards efficient collection and separation of these
The plan could soon prove to be highly lucrative. According to the EPA, every
one million cell phones recycled, 75 pounds of gold, 772 pounds of silver, 33
pounds of palladium and more than 35,000 pounds of copper can be recovered.
Urban mining is key to GTSO’s plans to compete alongside major international
corporations striving for sustainable waste solutions, such as Industrial
Services of America (NASDAQ: IDSA) and Sims Metal Management Ltd. (NYSE:SMS).
Late last year, GTSO acquired the companyGlobal Cell Buyers and soon after
rebranded the company asGreen Urban Miningto handleits domestic recycling
and resale operations.
AboutGreen Technology Solutions, Inc.
Green Technology Solutions, Inc. [www.gtsoresources.com] is a growth-oriented
company exploring rare earth minerals and precious metals production around
the world. To learn more, please visit the website
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Green Technology Solutions, Inc.
Paul Watson, 408-432-7285
President and CEO
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