ESG
“ If virgin plastic was at parody with recycled content , everyone would be using recycled content , period . They would just make the shift because they know it ' s a good thing as well and price parody . And then we ' d have more investments into appropriate infrastructure that returns the material to virgin state , and all of that would then become available for the world . And we see it occurring . We see new taxation occurring in the EU and other places . So it ' s coming . It ' s coming slowly . It should be much faster .”
Perhaps it really is just that simple , or , at least , it ’ s one piece of the puzzle . According to the above-referenced study that gives a roadmap for closing the circularity gap , “ pricing the negative environmental impacts through a virgin plastic production tax can close the gap by 13 % through the decreased demand for certain packaging and product use cases .”
118 September 2021