2min snip

Business Daily cover image

How can recycling be profitable?

Business Daily

NOTE

Promoting Recycling Through Deposit Schemes and Industry Responsibility

Deposit schemes on bottles and cans incentivize consumers to recycle more by charging a fee, and the responsibility falls on drink manufacturers to fund these schemes. This initiative shifts the accountability to the industry that profits from the sales of beverages in plastic and metal, requiring them to contribute to the clean-up costs. Private American recycling companies are facing challenges, emphasizing the need for a 10 cent deposit to support their sustainability.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode