The average American gets 41 pounds of junk mail a year. As the Junk Your Junk Mail campaign points out, it's cheap for advertisers (thanks to taxpayers, who subsidize the fuel and logging industries) but hard on the environment--not to mention annoying!
41pounds.org claims to stop 80-95% of your junk mail for five years, for a $41 fee (of which they'll donate $15 to a nonprofit of your choice).
Catalog Choice is a free service that lets you opt out of receiving catalogs from specific companies.
Sign a petition at the Do Not Mail campaign to create a national registry just like Do Not Call.
Junk Your Junk Mail's Opt-Out Guide offers more tips for stopping junk mail.
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