For those who like a little technical reading, look up this ASTM paper entitled "Toxicity and Disposal of Engine Coolants" by R. Douglas Hudgens. Ethylene and propylene engine coolants are indeed biodegradable. The time involved for EG is around 3 days. Some waste treatment plants do allow the disposal of antifreeze providing it is not concentrate product but diluted with water to at least 50% or greater. If your waste treatment plan allows this, send the coolant with lots of water. Not all sewage plants will allow it. It not only varies by state but even by municipality. All of this assumes that the coolant contains less than 5 PPM of lead. At 5 PPM or greater lead content, engine coolant becomes a hazardous waste and must be disposed of "according to local, state, or federal laws".
Oil change facilities and others who dispose of their used engine coolant usually have to pay to have it hauled away as there may not be any available coolant recycling operation who will take used coolants. Until recycling became the industry it has for coolants, used coolants had to be hauled to a licensed incinerator operation to be burned. All at a cost to somebody. For the person who said do not let it get on the ground, the life of a spilled or leaked coolant is so short that it does not get into the ground water as the processes of biodegradation will reduce it to harmless chemicals and water in 3 days or so.
Somebody mentioned using the "pink" RV antifreeze. It is an uninhibited propylene glycol used only for freeze resistance in plumbing. It contains no inhibitors required for use in engine cooling system protection. PG is less toxic than EG. Neither is considered a poison by the Food and Drug Administration. Both have LD50 ratings that measure toxicity. PG is approximately 5 times less toxic than EG. PG is found in lotions, creams, cosmetics and in some foods. YES, that moist cake mix is moist because PG is used as a humectant (attracts and holds moisture)! Love that taste, eh?
The US on-highway truck population is in the neighborhood of 3 million (18 wheel variety). On average each of these trucks has a 12 gallon cooling system. On average, these trucks leak their entire capacity every 16 months. Yet we read of no mass poisoning of animals or wildlife attributed to EG ingestion. While that appears to be a big deal to the environment, the bio degradation takes care of that issue. Only the additives are left over. For a while the coolant industry and its customers were being blamed for the massive amounts of phosphate getting into the eco system. Turns out that more phosphate gets into the environment from cattle waste and agricultural run off, not engine coolant like first thought.
Bottom line: if you have a disposal site take it there. If you spill it or leak it, use the garden hose to water it down so that there is no standing coolant that an animal might consume. As little as one coffee cup full of EG concentrate is fatal to the average size adult. Takes less for children and small animals. If your waste treatment plant will allow sewering of used coolant, use lots of water so the bugs at the treatment plant do not get overwhelmed thus slowing the digester operations.
From Field Service Engineer who specializes in engine coolants and chemistry.