I know some scumbag junkie in a town about 50 miles from me who targets catalytic convertors for this very reason. Even though there are laws in my state about ID and scrapping the scrap dealers are only required to record the ID and are not required to report things that are obviously stolen. Couple that with the fact that the local cops just don't give shit about stolen scrap and nothing was really changed by the law.
This has been going on for years now in a lot of areas. Some companies do hold certain items (copper/aluminum wiring is another big one) while they check to make sure there hasn't been a bunch of thefts in the area lately through the police or some such, but this is still entirely at the business level and not government mandated.
I suppose I'm not effected either way as I live in an area where emissions are not regulated and I've long since ripped mine off to free up the exhaust flow. Sorry, planet.
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Then you won't mind if I come to your house and cut the catalytic convertor from your car and "recycle" it right?
That type of selfish destruction should have a severe prison sentence as a deterrent.
I suppose I'm not effected either way as I live in an area where emissions are not regulated and I've long since ripped mine off to free up the exhaust flow. Sorry, planet.