Packaging Waste Recovery Note: Difference between revisions
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[[Category:Legislation & Policy]][[Category:Economics]] | [[Category:Legislation & Policy]][[Category:Economics]] | ||
The tradable evidence that demonstrates that an obligated company has met its responsibilities under [[The Producer Responsibility Obligations]] (Packaging Waste) Regulations 1997, as amended which introduces obligations on producers in this area - a direct application of the | The tradable evidence that demonstrates that an obligated company has met its responsibilities under [[The Producer Responsibility Obligations]] (Packaging Waste) Regulations 1997, as amended which introduces obligations on producers in this area - a direct application of the [[Polluter Pays Principle]]. PRNs can be delivered by producing evidence of recycling by an [[Obligated Company]] or can be purchased from a [[Reprocessor]] of [[Packaging Waste]] to deliver against the producer’s obligations. Value fluctuates with the targets set for [[Packaging Waste]] recycling annually and the volume of material available in the market at any time that can have PRN’s issued. | ||