California has $600 million in unclaimed can, bottle deposits

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California is sitting on a $600 million pile of unclaimed nickel and dime deposits on recyclable cans and bottles and now wants to give some of that back to consumers.

By 2025, the company wants every customer to be able to either use their own mug easily or borrow a ceramic or reusable to-go mug.

California's doubling of refunds would be temporary - a duration for the change has yet to be decided - and is expected to cost $100 million. If approved by the Legislature the refund increase would take effect sometime during the next fiscal year that starts July 1. To increase access, Newsom's administration proposes spending $100 million on grants to add about 2,000 automated recycling machines, also known as reverse vending machines, at high schools, colleges and retailers. Consumers dump their empty containers into the machines, which issue a refund.

Sanborn blamed the closure of many California recycling centers on the state's failure to quickly adjust its complicated payment formula to meet changing market conditions. Recycling officials had expected beverage consumption to drop during the pandemic, as it does during most economic downturns, Wagoner said. Instead, container sales in California increased by 2.5 billion over three years, to 27 billion last fiscal year, meaning a record number of deposits flowing into the state's recycling fund.

 

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Get rid of the tax and have everyone use recycling trash bins so the Chinese can stop digging into my trash cans for cans and bottles

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California has $600 million in unclaimed can, bottle depositsCalifornia is sitting on a $600 million pile of unclaimed nickel and dime deposits on recyclable cans and bottles and now wants to give some of that back to consumers. So, where is the solution? Cash in those cans- give it to a schools. We have been lied to about Lottery going to schools- HHH was abused- now their ,raising more money for homeless instead of using money for working people and educating our uneducated Country! So, no more wasting They’re mine! they charge you a nickle now and give you back a penny.the only ones who will benefit will be the recyclers.
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California Has $600M In Unclaimed Can, Bottle Deposits; Newsom Looks To Increase PayoutsCalifornia is sitting on a $600 million pile of unclaimed nickel and dime deposits on recyclable cans and bottles and now wants to give some of that back to consumers.
Source: KPIXtv - 🏆 443. / 53 Read more »

California has $600 million in unclaimed can, bottle depositsCalifornia is sitting on a $600 million pile of unclaimed nickel and dime deposits on recyclable cans and bottles and now wants to give some of that back to consumers. So, where is the solution? Cash in those cans- give it to a schools. We have been lied to about Lottery going to schools- HHH was abused- now their ,raising more money for homeless instead of using money for working people and educating our uneducated Country! So, no more wasting They’re mine! they charge you a nickle now and give you back a penny.the only ones who will benefit will be the recyclers.
Source: ABC7 - 🏆 67. / 68 Read more »

California has $600M in unclaimed can, bottle depositsA new proposal would temporarily double California's payout for can and bottle recycling - from 10 to 20 cents. That’s a trick ……. Umm inflation so getting the same 💩 They want to make the increase permanent, which means they will be doubling the tax after their short term rebates end.
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California has $600M in unclaimed can, bottle depositsGov. Gavin Newsom’s administration is proposing to temporarily double California’s typical nickel refunds for bottles and cans to boost recycling Look how well getting rid of straws helped.,? California’s CRV bottle refund is just a hidden tax on the poor. There are very few places for people to return their empty bottle for refunds. The billions of $ in unrefunded deposit money is always targeted for raiding by other government agencies. Shame!
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