The new recycling system

The funding structure was proposed in the report which justified this scheme.

The main source of revenue was to be from unclaimed deposits.

Experience across schemes shows that unclaimed deposits run fairly high for the first few months and then start to decline pretty rapidly. Ultimately sale of reprocessed plastic and aluminium is the big driver of revenue, along with producer fees.

Mainly ,my experience working in the packaging industry. Its pretty common across schemes that the first few months are challenging. it takes time for customers to adjust. After 6 months to a year the return rates tend to rise rapidly.

As the return rate rises the significance of unclaimed deposits drops off, significantly. Given the not for profit element of the operators, the slack has to come from elsewhere, in this case it comes from sale of material and producer fees. Ultimately, producers are the ones who have to make up the shortfall.

So you have no tangible citation just opinion, would that be fair?

I don't think you need to work in the industry to be aware that a brand new scheme like this will take time to grow and return rates are forecasted to increase over 5 years.

The hilarious part of that forecast is we have no figures currently to base it on.

The reality is the consumer who has and currently does the right thing will again pay the majority for this scheme, in financial penalties and inconvenience.

That's a simple fact, it is baked into it.

The website also claims this scheme is "convenient for everyone".

Which is beyond bullshít. Any additionally fees incurred by producers will be past onto consumers.

Any additional fees incurred by retailers will be passed onto consumers.

The drop in revenue from collection companies will be passed onto consumers.

The rejection rate will be passed onto consumers, the fraud rate will be passed onto consumers.

This expensive folly will be solely shouldered by consumers.

Either way, unredeemed deposits is the main source of revenue

While the annual cost is €67.1million, 47% of this is covered by unredeemed deposits and 23% by material revenues,meaning the net cost is €20.0million

That figure is pre pandemic, so you can probably multiply it by 2.5-3 now.

Your bin charges are probably going to go up this year and the companies will probably blame this scheme but the actual reason for the increase will be plain and simple greed

Well no the actual reason for the increases will be loss of revenue. That's a fact. It's acknowledged and baked into the scheme.

The inflation of these loses will be greed.

But considering these companies operate in somewhat of a cartel I don't see how people can do much about it. Do you? The net effect is the same, the consumer pays.

Cut out the middle man and the expensive theatre and directly burn their rubbish is what will likely happen.

For anyone (the majority) who currently recycle their bottles and cans at home, this scheme represents an inconvenience. Most people will just shrug their shoulders and move on but its still an inconvenience.

Pray tell how is it an inconvenience for you? I accept that a small amount of time will be needed at the RVMs before you do your shopping but on the flip side you now save time cleaning/crushing your cans or bottles

I cannot agree with your first paragraph, I don't know how you are making out a 'small number of people' will be put out. Everyone that currently puts their plastic bottles and cans in their green bins will be put out (find somewhere to store them, bring them back to the shop, queue up at machine, pray the machine accepts them, queue up in shop for refund).

On the contrary, I would say only a small number if people will not be put out by the new scheme.

Asbolutely everyone will be put out by this, it's just a small number of people will pretend they're not because they want to be the bestest boy in class who loves all green policies.

You've answered your own question there. No problem if youre happy to champion this scheme but in all fairness please refrain from telling me that something isnt inconvenient for me

I'm not sure what conversation you think you're a part of but you have this scheme all wrong. I suggest you take a closer look at how it will work before commenting further

Thanks, I see it there. With a target 90% success rate, that will leave 10% of deposits unclaimed, which that report claims will amount to €31.74 million annually. And they further estimate this will pay for 47% of the operating costs of the scheme.

In all fairness most reasonable people might consider 'Pray tell how is it an inconvenience for you?' as suggestive that you think that it isnt