Tag: PEP

WM recycling

Plastic Bottle-neck

by Debra Fiakas, CFA In September 2019, the California State Assembly sent out legislation that sets a 10% recycled plastic mandate by 2021 and increases the hurdle rate to 50% by 2030.  The law covers plastic bottles that are already covered under the state’s container redemption program.  Companies will need to use plastic bottles made from recycled plastic such that at least a minimum percentage of the plastic used meets the mandate. Environmentalists and even consumers might be celebrating the new law, but the plastic recycling industry could be less than jubilant.  The recycling news feed is peppered with headlines that reveal some fraying...