ELI5: Explain Like I'm 5

Landfill Tax Credit Scheme

A landfill tax credit scheme is a type of policy tool that is used to help reduce the amount of garbage put into landfills. Landfills are places where people put trash that cannot be recycled or composted.

Under a landfill tax credit scheme, companies that reduce the amount of trash they put in landfills would be rewarded with tax credits. The tax credits are like money that they can use to pay less taxes. This is a way to encourage companies to be better at recycling and composting so that they can get the tax credits, and less trash will end up in landfills.