Virgin Atlantic's route to Sao Paulo was meant to launch at the end of the March, but is now being put off until October. Add to that the expense of collecting, sorting and processing waste plastic. Manuel Planelles. The first-ever European Strategy for Plastics in a Circular Economy adopted on January 2018 will transform the way plastic products are designed, used, produced and recycled in the EU. British Plastics Federation (BPF) director general Philip Law has criticised the idea of a blanket tax on virgin polymer, arguing that it sends “the wrong message” about plastic to … Italy's proposed tax on all virgin plastics has been postponed until 1 January 2021, the government confirmed. It predicted the federal government would introduce an emergency tax on virgin resin, or unused and unprocessed plastic by 2020 to deal with the problem. by Raquel Guerra. The European Union is targeting plastic waste, which contributes significantly to ocean pollution. The plans would charge a levy on virgin materials, which shoppers could only claim back if they recycled . Environmental campaigners have called on EU legislators to impose a tax on all virgin plastics after proposals by budget negotiators for a levy on packaging were opposed by the industry. But ultimately this problem requires a circular economy approach, where used plastic becomes a feedstock rather than a waste. Call for virgin plastic tax as packaging sector demands budget plan is dropped. Customer Service: 1-313-446-0450 [email protected] Resources. By Ian Quinn 2018-11-21T12:21:00+00:00. Whilst the tax is not proposed to be introduced until April 2022 and the consultation period for submissions closed in May 2019, there were a record number of 162,000 submissions of ‘Evidence’ to this consultation which are now under consideration. And producers aren’t happy about it. The tax will apply to all UK-manufactured plastic packaging with less than 30% recycled content as well as imported unfilled packaging. The plant will also receive $1.65 billion in tax breaks over 25 years. Kyle Ellison is a freelance writer from Maui and a land-based ambassador for this journey. (€ 450 / ton) tax for all virgin plastics has been postponed until January 1, 2021, the government confirmed this week. If you are a subscriber, login here. It is expected to double again over the next 20 years. A plastic tax will soon be introduced by the government to curb the use of non-recyclable plastic items such as drinking straws, single use cutlery and black food trays, ministers have indicated. “A tax on virgin plastic packaging would be a welcome step – but if we’re going to stem the huge tide of plastic waste pouring into UK waterways every year, far bolder action is needed.” All single-use items will be impacted by the tax with the exception of those produced from compostable bioplastics or recycled plastics. The tax initially due to come into effect on 1 July 2020. "In a changing world, Sustainable Plastics is a constant: a platform the plastics industry can rely on to deliver the news and knowhow impacting the industry going forward” Contact Us. May 23, 2018 . The industry frankly misses the financial incentive to use recyclates in packaging, which defeats the actual purpose. In March 2018 the Government announced its intention to levy a tax on Plastic Packaging. France plans to introduce a penalty system next year that would increase the costs of packaging made of non-recycled plastic, part of a pledge to use only recycled plastic … A Shell official told the Northeast U.S. & Canada Petrochemical Construction Conference in 2016 that without this fiscal package, the company may not have gone ahead with the project. Willy Kurniawan / REUTERS. Better design of plastic products, higher plastic waste recycling rates, more and better quality recyclates will help boosting the market for recycled plastics. PLASTICS TODAY: KEY CHALLENGES Over the past 50 years, the role and importance of plastics in our economy has consistently grown. News France to introduce plastic packaging tax. Campaigners call for tax on all virgin plastic products. The tax will affect all single use items with except those produced from recycling plastic or bioplastic compost. And producers aren’t happy about it. Due to the coronavirus pandemic, the tax was then pushed back. This area is reserved. A packaging tax is designed to set a level playing field for companies using recycled content and will enable an additional two million tonnes of packaging to be recycled in the UK. No comments. Digital Edition: Recycling industry tells Treasury to tax virgin plastics Charges should ’discourage’ single-use plastics and virgin polymers . And the solutions are many. recycled plastic is that virgin plastic costs less, the proposed tax would have to compensate for their price difference to make recycled plastic competitive. Overall, the companies reduced their total use of virgin plastic by only 0.1 per cent, a figure that Mr Defruyt said demonstrated the importance of working towards reduction as well as recycling. Moving from virgin plastics to using recycled alternatives is essential for the environment, makes long-term financial sense and reflects public expectations. Near term benefits will be made by better waste management and less use, especially single use, of plastic. Spain planning to raise €724 million with new plastic-packaging tax The Cabinet approves draft legislation that also bans single-use items and encourages the circular economy. 11 Ironmonger Lane, EC2V 8EY United Kingdom Tel: +44 (0)1622 370570. Advertise; Sitemap; Careers; Subscribe; Affiliates. Recycling industry tells Treasury to tax virgin plastics 22 May, 2018 By Mark Smulian. The competitive pressures holding down the prices of virgin PET resin are not expected to abate rapidly, so the dynamic that encourages virgin consumption in favor of rPET will persist. For more information visit www.eatlessplastic.com or follow online @eatlessplastic or Eat Less Plastic … The tax on plastic is meant to curb plastics. (The company did not respond to multiple requests for comment.) Tax, will initially take effect on 1 July 2020, pushed back because coronavirus pandemic. Madrid - 03 Jun 2020 - 09:35 CEST. It is high time the Commission starts creating the right economic incentives for companies to truly implement circular economy legislation through better product and packaging design”, added Justine Maillot. Tax on Virgin Materials. TIt is hoped that the tax will provide a clear financial incentive to make the switch from virgin to recycled plastics, and that the tax would launch alongside a new scheme aiming to encourage packaging producer responsibility. New (virgin) plastic is substantially cheaper and of a much better quality than recyclate. Campaigners have called on the government to extend its plans for the plastic tax to hit consumers and companies when they use any new plastic materials. The French government plans to launch a sales tax initiative to incite consumers to buy recycled plastic products, the Ecology Ministry’s Brune Poirson said in an interview on Sunday. “Any tax on plastic should be applied to virgin plastic production, to make the price of recycled plastic competitive. When Chicago was weighing a plastic bag tax in 2016, the ACC rolled out WRAP there too, announcing that locals can recycle plastic bags “at nearly 400 local grocery and retail stores.” recycled plastic is above virgin prices the tax will have to be at least as great as the differential plus the switching costs, otherwise it will be cheaper to pay the tax and continue using virgin plastic • As part of Valpak’s compliance work we have created Valpak’s Environmental Product Information Centre (EPIC), a database of over 20million products sold onto the UK market. Sector tells Treasury to tax virgin plastics – Industry bodies have urged the Treasury to deploy new taxes to discourage single-use plastics and the use of virgin materials, while increasing the proportion of the materials that can be recycled – Treasury tax virgin plastics - Arhive. Please register or subscribe for full access to continue reading. Global production of plastics has increased twentyfold since the 1960s, reaching 322 million tonnes in 2015. They will only make virgin plastic cheaper, according to Siegler. ----- We considered the following schemes of selective taxation and incentive payments: (1) a tax on virgin materials; (2) an incentive payment to promote the use of secondary materials; (3) a tax on all non-recycled products, which is applied to all plastic products that are not easily recyclable; (4) a rebatable tax on all products that are recyclable. 2. The UK thinks to solve this problem by taxing the production as well as the import of (empty) packaging. 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