Higher packaging targets confirmed in Budget 2012 -

Higher packaging recycling targets for 2013-17 were confirmed in Chancellor George Osborne’s Budget today, alongside plans to radically shake up the planning system.

In a Budget which Mr Osborne said ‘unashamedly backs business’ the Chancellor also committed to cutting corporation tax and to simplifying the CRC Energy Efficiency Scheme to reduce administrative burden on businesses.

Chancellor George Osborne unveiled his Budget Today Plans for higher packaging recycling targets for businesses were launched for consultation by Defra in December 2011 (see letsrecycle.com story). Despite opposition from some such as the British Plastics Federation, the Budget confirms that these proposals will be taken forward.

The Budget states: “The Government will legislate later in 2012 for increased statutory packaging recycling targets from 2013 to 2017. Targets will increase annually by 3 per cent for aluminium, 5 per cent for plastic and 1 per cent for steel. Glass recycling targets will be split by end use.”

Read full article   Source: http://www.letsrecycle.com