Under the new Recycled Material Standard, companies can trade Attributes of Recycled Content, or ARCs, to support investments in plastic recycling.
A key funding mechanism for expanding the green energy market to its current scale has been the use of an environmental commodity known as a Renewable Energy Certificate, or a REC. Under the new Recycled Material Standard (RMS) program from Charlottesville, Virginia-based GreenBlue, a similar commodity trading system has been developed: Attributes of Recycled Content, or ARCs. Its early supporters say they see vast potential in the new system.