Inventor’s deposit ring puts change in a bottle
Germany is known for its strong social system. Still, it’s not uncommon to see people in need of some extra cash rummaging through public trash cans for old bottles that carry a deposit.
Beer bottles are worth just 8 cents, but most plastic bottles can be redeemed for 25 cents. For some people, it’s not worth the trouble of taking them back to the store to get their deposit. But for others, a bag full of bottles can mean one more warm meal.
Paul Ketz in Cologne was bothered by all the deposit bottles he saw being thrown away, knowing that they were valuable to the less fortunate – not to mention the damage excess waste causes the environment.
So the 25-year-old came up with a brilliant idea that’s been catching on, not only in Cologne, but across Germany. Watch the video by Carl Nasman for a glimpse into Paul Ketz’s workshop:
Listen to Carl Nasman’s full report from Cologne for the whole story:
Cologne was the first city in Germany to order the rings (Copyright: 2013 Pawn Ring by Paul Ketz / Photo: Markus Diefenbacher)
Most plastic bottles are worth 25 cents, glass are worth only 8 cents (Copyright: 2013 Pawn Ring by Paul Ketz / Photo: Markus Diefenbacher)
The rings are starting to catch on across Germany (Copyright: 2013 Pawn Ring by Paul Ketz / Photo: Markus Diefenbacher)
