Read the following passage carefully and answer the question that follows:
In an effort to mitigate mounting urban solid waste and promote a closed-loop circular economy, a state municipal administration enacted the Decentralized Automated Recovery and Extended Producer Responsibility (DREPR) regulatory framework. Under this statutory policy, urban waste sorting is transitioned from municipal hauling to neighborhood-level micro-processing facilities equipped with automated optical sorting technologies. To sustain these micro-units financially, the framework introduces mandatory Extended Producer Responsibility (EPR) compliance credits for commercial packaging manufacturers. These credits are minted exclusively when micro-units upload digitally verified logs of recovered, high-purity post-consumer packaging plastics.
Although large packaging conglomerates contend that decentralized logistics exponentially raise administrative oversight and verification costs relative to bulk processing at centralized landfills, initial operational audits demonstrate a decrease in municipal transit emissions alongside a substantial rise in industrial-grade polymer recovery. Notably, the enabling statute explicitly confines the operational mandate of these automated micro-units to post-consumer municipal solid packaging, deliberately excluding toxic industrial effluents and electronic waste. Additionally, to avoid market distortion and ensure equitable compliance, the regulatory authority has established a rigid ceiling on the total volume of EPR credits that any single manufacturing enterprise can redeem within a single fiscal year. This prevents dominant conglomerates from purchasing monopolistic blocks of recycling credits to neutralize ongoing virgin plastic manufacturing without pursuing packaging redesign.
Statement: Under the DREPR framework, a packaging conglomerate that significantly expands its virgin plastic output during a fiscal year can completely fulfill its statutory EPR obligations solely by acquiring a proportionate surge of EPR credits from micro-processing units.
Based on the implications and practical applications of the passage, evaluate whether the statement above is True or False.
Answer: Answer