EU Plastic Tax

The Paris Agreement’s signatories have been laying out their goals for reducing carbon emissions. Overall the globe, European Union seems to be the region to pave the way for achieving these environmental goals. The EU announced its plans to reduce its carbon emissions by %55 by 2030 with a comprehensive tax measure package; ‘’the Green Deal’’. One of the tax adjustments suggested as part of the Green Deal is the so-called ‘’plastic packaging tax’’. The issue of plastic packaging waste has dominated regional and national policy discussions throughout Europe. In light of this, the EU has implemented a “plastic tax” as a component of its $900 billion COVID-19 economic recovery plan.

Source SNI

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