By framing it as recycling they are setting your expectancy of value to '0' for the input phase.
The problem here IMHO is that nobody else is seeing an opportunity to pay more than zero and make a correspondingly larger gain on the other end.
Waste is a strange thing. On the one hand, it's a physical thing. But it's also a stance about that thing. Once we label something as waste, it loses a huge part of its value in our eyes. Yet in practical terms, it never lost anything. That difference between perception and reality is a huge business opportunity.