Background

The Oregon Bottle Bill aims to reduce litter and promote recycling, with specific provisions for different types of bottle materials. The return rate for containers has fluctuated over the years, with recent data showing a trend towards improvement in recycling efforts. Will the trend continue or will Oregon see a decrease in recycling rates in 2023?

Oregon’s Bottle Recycle Rate (2012-2022)

2022 - 85.5%

2021 - 80.6%

2020 - 77.2%

2019 - 85.8%

2018 - 81.0%

2017 - 77.3%

2016 - 64.3%

2015 - 64.5%

2014 - 68.3%

2013 - 71.0%

2012 - 71.0%

Market Resolution

This is a prediction market. Market will close the day before OLCC is required to report the data (31 Jul 2024)

ORS 459A.718(6)(a) requires the OLCC to calculate the return percentage of beverage containers for each distributor cooperative and each distributor/importer not in a cooperative, based on the previous year's data, by August 1 of every calendar year.

Market will resolve based on this data. Rate will be rounded to the nearest whole percent. Eg, 85.5% rounds to 86%, 85.4% rounds to 85%.

Disclaimer

I do not bet in markets I create. In the event that I am unable or unavailable to resolve the market, the market may be resolved by Manifold Mods. Any changes to the market description will be noted in the change log.