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Waste disposal - the current most environment-friendly method

Of all the waste disposal methods, recycling is regarded as the most effective current method. Recycling serves to transform waste into products of their own genre through industrial processing. It is environmentally friendly to reuse the wastes instead of adding them to nature.

However, recycling technologies are complex and costly. The recycling operations themselves are not environmentally friendly.

 What about composting and biodegrading?

I am a RECYCLE BIN. 
I am not GARBAGE, but might as well be!

No doubt, recycling helps the environment, if done correctly and the momentum is maintained.  The reality is that the survival of the recycling movement depends on continual subsidies, sermons and policing.

So the question that begs for an answer is:
Recycling or biodegrading or composting, which is the best current option?