Landfill Allowance Trading Scheme: Difference between revisions
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[[Category:Legislation & Policy]] [[Category:Economics]] | [[Category:Legislation & Policy]] [[Category:Economics]] | ||
The Landfill Allowance Trading Scheme (LATS) was introduced by [[DEFRA]] on 1st April 2005 as a way to enable the UK the meet the [[Landfill Directive]] targets of reducing the amount of [[Biodegradable Municipal Waste]] being sent to landfill in a cost-effective way. | The [[Landfill Allowance Trading Scheme]] ([[LATS]]) was introduced by [[DEFRA]] on 1st April 2005 as a way to enable the UK the meet the [[Landfill Directive]] targets of reducing the amount of [[Biodegradable Municipal Waste]] being sent to landfill in a cost-effective way. | ||
The LATS set annual tradeable landfill allocations for [[Waste Disposal Authorities]]. The penalty for landfilling above the allowance was £150 for each tonne of waste. | The LATS set annual tradeable landfill allocations for [[Waste Disposal Authorities]]. The penalty for landfilling above the allowance was £150 for each tonne of waste. | ||