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Michigan's recycling rate of 97% from 1990 to 2008 was the highest in the nation, as is its $0.10 deposit. [2] Numerous instances of criminal offenses motivated by the cash refund value of empty containers have been reported. Proponents of container deposit legislation have pointed to the small financial responsibilities of the states.
In 2015–2016, the system achieved a total return rate of 54%. [87] The state of New South Wales (the most populated state, with 7.5 million residents) announced that it would be adopting a 10-cent (AUD) deposit scheme, which commenced on 1 December 2017. [88] The program has achieved a return rate of 69%. [89]
From FY 2003–2004 to FY 2015–2016, litter grant collections averaged 23.5 million pounds a year, with a high of 28.7 million pounds in FY 2003-2004 and a low of 17.4 million pounds in FY 2005–2006. Removing those high and the low years, the average is just slightly higher, 23.7 million pounds, or an average 3.73 pounds per capita.
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Now, bottles and cans did not have a brand logo anymore, but an engravement that said: "No Deposit, No Return". [3] In the early 1950s, disposable cans and bottles made up 30% of beer that was sold packaged. [1] Technological advances made disposable bottles more prevalent, but social and economic changes were important as well. [3]
For instance, I opened my first CD, an 18-month term, in August, securing a fixed annual percentage yield (APY) set a few weeks before the Fed started cutting rates. But that CD, purchased today ...
It's that time of the year where you may finally see some extra funds hit your bank account due to a tax refund. The IRS reports that the average tax refund so far in 2024 is $3,050, but the amount...