Option 2e ($50m) Extended Australian Packaging Covenant – Under Option 2e ($50m) the industry provides an average annual funding support of $50m per year over the 5 year period (2016 2020), which supports initiatives that deliver recycling and – litter outcomes throughout the modelled CBA period. The initiatives are modelled to be selected as the least cost ($ per tonne of total recycling, and not $ per tonne of packaging). and provide the costs and benefits for Option 2e ($50m) by CBA line item. Option 2e variants benefit from the absence of constraints for packaging targets and deliver investments with higher payoffs relative to other co-regulatory options but lower payoffs relative to Option 1. Payoff increases with higher level of investment due to the profile of investments within the MRCC analysis. Specifically, the highest level of funding ($50m per year), delivers the greatest payoff due to less reliance on low cost/low value glass investments mid-way in the recycling opportunities supply curve.
Option 2e ($50m) – Extended Australian Packaging Covenant Under Option 2e ($50m) the industry provides an average annual funding support of $50m per year over the 5 year period (2016 – 2020), which supports initiatives that deliver recycling and litter outcomes throughout the modelled CBA period. The initiatives are modelled to be selected as the least cost ($ per tonne of total recycling, and not $ per tonne of packaging). and provide the costs and benefits for Option 2e ($50m) by CBA line item. Option 2e variants benefit from the absence of constraints for packaging targets and deliver investments with higher payoffs relative to other co-regulatory options but lower payoffs relative to Option 1. Payoff increases with higher level of investment due to the profile of investments within the MRCC analysis. Specifically, the highest level of funding ($50m per year), delivers the greatest payoff due to less reliance on low cost/low value glass investments mid-way in the recycling opportunities supply curve.