Under the Extended Producer Responsibility (EPR) Law of 2022 and its implementing rules issued in January, companies categorized under obliged enterprises now have to account for their plastic footprint and show proof of a minimum 20-percent recovery rate for the year 2023 or face stiff penalties. They can comply in three ways: recover on their
own the plastic packaging that they used, join other OEs to form a “Collective”, or engage the services of a Producer Responsibility Organization .
All these three—recovery of plastic wastes, audit with third-party vetting, and reduction of plastic usage through research and development—naturally lead to one thing that businesses and their customers dread—higher cost. When there is additional cost, what is the first step that enterprises normally take? You’re right, they pass it on to consumers. This is inflationary. Every Juan will again see their purchasing power diminished.
This lull in the EPR implementation will also give OEs more time to study how they can better comply with the law, perhaps determine which options will be effective at a lesser cost. Have the concerned government agencies reviewed why they failed to solve solid waste management in the past 20 years? Please, let us know.
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