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British government agency has claimed that nation's garbage is untapped gold mine that's potentially worth over $4.5 billion. Local Government Association's (LGA) review on Britain's waste disposal, ‘Wealth from Waste', says local governments could earn billions by 2020 to provide better services to residents. study outlines how scheme could additionally create over 50,000 jobs by expanding household recycling sector. LGA executive Clyde Loakes said: “There is clearly wealth in waste. UK’s waste and recycling sector is currently worth around £11 billion and growing at twice rate of rest of economy, but there is so much more we could do to make most of this booming industry."

UK produces over 26 million tonnes of rubbish every year. LGA is urging country to fully exploit resource that currently ends up in landfills. report reads: "Taxpayers will be better off, economy will benefit, and more people will have jobs if we grow our domestic market for collecting, sorting and reprocessing recycling. Landfilling waste costs lot of money; burning it is still expensive; recycling actually brings in cash for taxpayer and we owe it to today’s hard-pressed taxpayers to get as much of their money back as possible." It adds: "There is wealth in waste. It is time to take lid off dustbin debate and raise sights of government…from kerbside to global economic race."