In 1995, Massachusetts got back 87% of its bottles for recycling. Last year it was 33%.
The deposit rate hasn't changed, and that’s the problem. Next door, Connecticut doubled its deposit and the numbers went the other way.
Full article: www.mondayeconomist.com/p/bottle-dep...
mondayeconomist.com
Inflation Quietly Broke the Bottle Deposit
The bottle deposit has been a nickel since Reagan. Inflation quietly broke it, and one state’s fix shows how incentives really work.