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HP on “Electronic Waste: An Examination of Current Activity, Implications for Environmental Stewardship and the Proper Federal Role"

Statement by David Isaacs, HP Director of Government & Public Policy

For Immediate Release: July 20, 2005

“HP applauds Chairman Gillmor and his colleagues for convening this important hearing to address electronic waste recycling and collaborate on a national solution. Today’s hearing is a valuable first step in advising Members of Congress and the public on the emerging challenges of managing and recycling used electronics in the United States. HP supports increased recycling to conserve natural resources and protect our environment through a harmonized national approach – thereby avoiding an unworkable patchwork of conflicting state laws.

“HP calls on Congress to support market-based solutions to finance government recycling programs rather than the implementation of a point-of-purchase tax on American consumers and the creation of new bureaucracies. Imposing more taxes on consumers will needlessly increase costs to the public and fail to achieve our nation’s recycling goals in an efficient manner.

“Several decades of experience in implementing environmental laws and regulations in this country have proven that environmental goals can best be achieved by providing the private sector with flexibility and incentives to innovate. The private sector possesses the expertise and capabilities to most efficiently recycle its own complex array of products. “As a leader in environmental stewardship, HP has nearly twenty years of first-hand experience in product take-back and recycling. Since 1987, HP has successfully collected and recycled more than 600 million pounds of used or unwanted computer-related equipment globally. With our vast knowledge and experience, HP’s goal is to recycle 1 billion pounds of equipment by the end of 2007.

“HP encourages Congress to allow companies such as HP to maintain this flexibility – which provides American companies opportunities and incentives to continue to focus on innovation – and efficiently achieve superior recycling results that best protect our nation’s natural resources for future generations.

“HP looks forward to continuing its work with the Subcommittee, the E-Waste Working Group and other Members of Congress on the development of a national recycling system that leverages the capabilities and expertise of manufacturers, retailers, recyclers, and others to achieve efficient and low cost opportunities for all consumers.”

About HP

HP is a technology solutions provider to consumers, businesses and institutions globally. The company’s offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended Jan. 31, 2005, HP revenue totaled $81.8 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com.


© 2005 Hewlett-Packard Development Company, L.P.

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