Home Local News ECONOMIST SAYS IT’S TIME TO UPDATE IOWA BOTTLE & CAN DEPOSIT LAW

ECONOMIST SAYS IT’S TIME TO UPDATE IOWA BOTTLE & CAN DEPOSIT LAW

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An Iowa State University economist says after four decades, it’s time to update Iowa’s bottle and can deposit law.

OC………..was designed.” :07

That’s Dermot Hayes, who says the nickel deposit on plastic, glass and aluminum containers of alcohol and soft drinks should have been indexed for inflation.

He says the deposit should be at least 17-cents today and if that had happened, the one-cent handling fee for redemption centers would be three cents.

Hayes says raising the deposit to that level — and making other beverage containers subject to the deposit — would increase recycling.

OC………….the landfill.” :19

Two legislative committees are considering changes to the bottle deposit law.

One proposal would place the five-cent deposit fee on water bottles, sports drinks and other non-carbonated and non-alcoholic beverage containers.

Two other proposals would double the fee redemption centers get, in hopes of expanding the number of non-retail locations where Iowans may take their empties and get their deposit money back.

According to the Container Recycling Institute, more than 10-thousand tons of plastic water bottles and other non-carbonated drink containers that could be recycled are thrown into Iowa’s landfills each year.

Radio Iowa