; and (ii) facilitates the involvement of potentially affected members of the public. (16) Packaging (A) In general The term packaging means— (i) any package or container, regardless of recyclability or compostability; and (ii) any separable and distinct material component, regardless of recyclability or compostability, used for the containment, protection, handling, delivery, and presentation of goods that are sold, offered for sale, or distributed to consumers in the United States, including through an internet transaction. (B) Inclusions The term packaging includes— (i) an item described in subparagraph (A) that is— (I) sales packaging or primary packaging intended for the consumer market; (II) service packaging designed and intended to be used or filled at the point of sale, such as carry-out bags, bulk good bags, take-out bags, and home delivery food service products; (III) secondary packaging used to group products for multiunit sale; or (IV) tertiary packaging used for transportation or distribution directly to a consumer; and (ii) any ancillary element that is— (I) hung on, or attached to, a product; and (II) performing a packaging function. (C) Exclusion The term packaging does not include an item described in subparagraph (A) or (B) that— (i) is used for the long-term protection or storage of a product; and (ii) has a useful life of not less than 5 years, as determined by the Administrator. (17) Physical climate risks (A) In general The term physical climate risks means risks to covered facilities and the operations of covered facilities that result from exposure to physical climate-related effects, including— (i) increased average global temperatures; (ii) increased severity and frequency of extreme weather events; (iii) increased flooding; (iv) sea-level rise; (v) increased severity and frequency of heat waves; (vi) increased frequency of wildfires; (vii) decreased arability of farmland