U.K.'s Looming Plastics Tax Assumes Recycling Boom, Just Not Yet

Sept. 20, 2021, 6:00 AM

U.K. companies scrambling to prepare for a new packaging tax face one unavoidable hiccup: There isn’t enough recycled plastic available for them to comply with the law, at least at first.

The government said it expects a surge in demand for recycled plastics to jump-start a domestic recycled plastics industry after the tax kicks in next April.

The tax “aims to incentivize demand for recycled plastic, which will in-turn stimulate increased levels of recycling and collection of plastic waste, diverting it away from landfill and incineration,” said a spokesperson for Her Majesty’s Revenue and Custom.

But that’s little solace for ...

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