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Expert warns of LATS reaching £100 per tonne by 2007

Landfill Allowance Trading Scheme (LATS) allowances will reach at least £100 per tonne by 2007, according to the chief executive of Premier Waste Management.

Dr Les Grant believes that by 2007, when fines of £150 per tonne will be incurred by waste disposal authorities that exceed their landfill allowance target, that the price of the tradable allowances will rocket.

Speaking at this week's Composting Municipal Waste conference held in London, he said: "I will eat my briefcase if LATS are not £100 per tonne by 2007. I don't think there will be any way these targets will be met.

"Some local authorities will be badly bitten by LATS. But the price of the permit will still be cheaper than the fine."

LATS was launched in April this year with local authorities given the right to bank or trade their waste allowances.

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