Which of the following statements regarding the draft notification on Extended Producer Responsibility (EPR) for waste oil introduced by the Ministry of Environment, Forest and Climate Change (MoEFCC) is incorrect?

1
It aims to hold producers accountable for the entire life cycle of their products, including waste management and recycling.
2
It mandates that producers create consumer awareness regarding waste oil management and submit annual reports on their EPR implementation to the Central Pollution Control Board (CPCB).
3
Producers and importers are required to meet specified collection targets based on the quantity of waste oil generated in a given year.
4
Producers are exempted from establishing a collection infrastructure, as the responsibility lies with local governments.

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