Cost of recycled and new plastic can easily be inverted by just taxing new plastic until it’s twice as expensive as recycled. Recycled can be subsidized with new plastic taxes. Problem solved!
Cost of recycled and new plastic can easily be inverted by just taxing new plastic until it’s twice as expensive as recycled. Recycled can be subsidized with new plastic taxes. Problem solved!
The only way to really make a dent here is to reduce consumption.
We do agree though that the externalities should be priced in and that is a good use of government.
[1] https://www.oecd.org/environment/plastic-pollution-is-growin...
Another crazy invention is “compostable” packaging. This has really taken off in the past few years. Yet no one seems to understand that it needs to be composted commercially, yet virtually none of it is. It can’t be recycled, and if you put it in the bin, it won’t compost. Conveniently this is never mentioned. These products are basically a trick designed to keep consumption high by allowing individuals to absolve themselves of guilt.
Reducing consumption is the only solution.
Some references:
"How Big Oil Misled The Public Into Believing Plastic Would Be Recycled" - https://www.npr.org/2020/09/11/897692090/how-big-oil-misled-...
"California is investigating Big Oil for allegedly misleading the public on recycling" - https://www.npr.org/2022/04/28/1095305949/california-is-inve...
"Big Oil Sold the World on a Plastics Recycling Myth. It May Be Too Late to Undo the Damage" - https://time.com/6173859/plastic-recycling-big-oil-damage/