Is Pickles right over weekly bin collections?

Eric Pickles has announced £250 million for weekly bin collections. But does this make sense for Huntingdonshire? We have a three bin collection with each bin collected every two weeks. Grey bin for household waste. Blue bin for recycling. Green bin for food waste and gardening waste. In his press statement Eric Pickles says: 

"Weekly rubbish collections are the most visible of all front-line services and I believe every household in England has a basic right to have their rubbish collected every week.
"Our fund will help councils deliver weekly collections and in the process make it easier for families to go green and improve the local environment."

What is the point of having more collections when this does the job. It would be a waste of money to institute a weekly collection of all the bins. Food waste should go in the green bin. If smells and rats are a problem, though I don't think they are, the green bin would be the one that is deemed as needed to be collected. This would mean pulling 3 bins out a week.

Collecting one or more of these bins once a week would be a waste of money! The Government should be using this money to pay off the National Debt,