______ is an environmental policy under which producers are given a significant
responsibility – financial and/or physical – for the treatment or disposal of products that are no longer useful to the consumer.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Extended Producer Responsibility.
- Extended Producer Responsibility (EPR) is a policy approach under which producers are given a significant responsibility – financial and/or physical – for the treatment or disposal of post-consumer products.
- An example of EPR is a deposit return scheme (DRS) for beverage containers. A DRS works by placing a monetary value on waste.