Walloon government wants returnable deposit for cans | RetailDetail

Walloon government wants returnable deposit for cans

Walloon government wants returnable deposit for cans

The Walloon government wants to add a returnable deposit on cans and plastic bottles to fight off litter. The Flemish government wants to study the impact first.

"One of the dirtiest regions"

According to estimates, nearly 5 % of all cans in the Walloon region gets dumped in nature. "You have to assert that the Walloon region is one of the dirtiest regions in Europe", Walloon Minister for the Environment Carlo di Antonio (cdH) told radio station Bel-RTL on Tuesday. That is why they want to enforce a 0.1 euro returnable deposit on cans and plastic bottles in an attempt to remedy the problem in two years' time.

 

It is not only necessary for the environment, but it could also lower maintenance costs as the government currently spends 20 million euro to keep roads clean. Local authorities spend even more, with a bill up to several hundred million euros.

 

The Flemish government has also put the option to charge a returnable deposit on cans and plastic bottles into its governmental agreement. "Flanders is one of Europe's finest when it comes to its waste policy and we would like to keep it that way. We can do that by investing in an innovative recycling economy. That is why we are going to study the impact of a deposit on (plastic) bottles and cans", the statement reads.

Questions or comments? Please feel free to contact the editors


Action owner wants to sell stake

18/05/2018

Action’s owner, investment firm 3i, aims to sell a part of the discount store chain next year. The Brits would want to sell a 35 % stake in the firm.

Belgian fund close to HEMA acquisition

09/05/2018

Belgian Core Equity holding is allegedly close to acquiring Dutch chain HEMA: a verbal agreement is apparently in place, all that is required are the signatures.

Walmart, not Amazon, will acquire Indian market leader Flipkart

07/05/2018

Despite Amazon’s attractive offer, Indian online retailer Flipkart has chosen for Walmart and (remarkably), Google owner Alphabet as the new owners of 75 % of Flipkart’s shares. The deal is said to be worth 15 billion dollar.

Alibaba's growth exceeds expectations

07/05/2018

Chinese retail group Alibaba has published better-than-expected quarterly results: turnover went through the roof, but its profit is under pressure because of increased investments.

Shareholders ‘not amused’ by Unilever CEO's wage increase

03/05/2018

One in three British Unilever shareholders voted against the company’s proposed remuneration plan. Investors in the Dutch part of the (currently) British-Dutch company will vote on the plan as well.

Macy's acquires New York-based concept store Story

02/05/2018

American department store chain Macy’s will acquire New York-based concept store Story. Founder Rachel Schechtman will become Macy’s’ “brand experience officer”.