Plastic packaging waste tax could raise billions – Australia
Posted on January 24, 2024 by DrRossH in Plastic RecyclingNew research from the Australia Institute shows a European Union-style tax on plastic packaging could raise nearly $1.5 billion each year.
Source: Plastic packaging waste tax could raise billions – Waste Management Review
“We’re recovering less than a fifth of the plastic waste used each year, with consumption expected to more than double to nearly 10 billion tonnes by 2050.
“If was the solution to the plastic waste crisis, it would have been solved by now. Instead, it just encourages the production and consumption of even more waste that is choking our landfill and oceans. Unless we drastically reduce or gradually phase out plastics altogether, in favour of compostable materials, this plastic waste problem will continue to grow.”
An EU levy introduced in 2021 requires member states to pay €800 per tonne of plastic packaging waste that is not recycled.
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