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britain to tax non-recycled plastic packaging

by:Welm     2020-03-12
LONDON (Reuters)-
UK finance minister Philip Hammond said Monday that the UK will impose a new tax on those who produce or import plastic packaging with less than 30% of recycled materials.
The measure, which will be implemented after consultation in April 2022, aims to reduce waste and help combat climate change.
\"We will impose a new tax on the manufacture and import of plastic packaging containing less than 30% recycled plastic, which will change the economy of sustainable packaging,\" Hammond announced in its annual budget . \".
\"This tax will provide a clear economic incentive for businesses to use recycled materials in packaging production, which in turn will generate greater demand for this material,\" the Treasury said, following Hammond\'s announcement
Rupert Haworth, marketing director at recycling technology, said the move would encourage recycling, which turns waste plastics into oil and reprocesses them into plastic. “This (. . . )
New investments in UK plastic recycling innovation and capabilities should be stimulated and recycled plastic raw materials should be provided for the industry.
Hammond added that he will continue to study the use order
Plastic is used in take-out cups, but it is concluded that taxes are ineffective in encouraging widespread reuse.
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