Though recycling paper uses fewer natural resources than creating virgin paper, recycling isn't completely environmentally friendly. There is a price to recycling paper, but it is less than not recycling!
What according to you are the Pros and cons of “Recycling” Paper?
In addition to using fewer resources than creating virgin paper, recycling also reduces landfill waste, which is a huge positive. Of course, even better than recycling paper is using less paper in general. Reduce - Reuse - Recycle.