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Thursday, October 06, 2011

15 Years Of Saving Scrap Metal Finally Pays Off

For more than 15 years, service members at Thule Air Base, Greenland, have been saving scrap metal instead of throwing it away. Now all that hoarding has paid off, Federal Times reports. The base sold 15,000 tons of scrap for $1 million. Under a 2007 presidential order, agencies can keep money they earn from recycling and conservation. Thule's scrap came from old fuel tanks and pipelines. It sat until the price of scrap metal rose high enough to make the sale worthwhile.

2 comments:

Anonymous said...

That to will change.If it is not taxed now it will be./map

Anonymous said...

Been to Thule a few times, good for them to make some money on their scrap, the base has gone from many thousands of people in the 60's to just 500 when i was there in the spring. Good people there.