After many different reports on the subject of plastics tax, there exists now an official statement from the Austrian Finance Ministry. Below is an excerpt:
The so-called “EU plastic levy or plastic tax is not a levy or tax in the conventional sense. It is a new category of own resources based on the amount of non-recycled plastic packaging waste generated to finance the EU budget (“plastic own resources”).
The introduction of the new own resources category even reduces the EU contribution for Austria because Austria’s share of plastic own resources (2.4%) is lower than Austria’s share of the GNI own resources replaced by it (2.6%); a reduction of about 30 million euros annually.
The calculation of plastic own resources is based on the weight of unrecycled plastic packaging waste, not on the amount of plastic packaging put on the market. The introduction of plastic own resources thus provides an incentive for all member states to avoid plastic packaging waste and promote recycling, thus reducing the national contribution.
It is a pity that the EU, as it seems – does not want to use this revenue for specific purposes. Below are two examples of useful earmarked uses:
Plastics and Innovation
Ah! Plastics and the environment, 2 words that do not seem to get along in one sentence lately. The rising concern of “we are killing the planet” has encouraged people to look more and more into their habits and question how sustainable their lifestyle really is. Which means actually paying attention to what they consume.
December 16, 2020
People and Environment
A different view on Bio-based Plastics and why there is still work to do.
Bio-based plastics provide many advantages and added value compared to conventional plastics. On the other hand, there are several drawbacks, while bio-based plastics’ implementation is not accepted widely in different segments of the plastics industry. The current limitation of bio-based plastics include topics such as lack of consumer awareness and the right information about them, limitation in technical features, lack of legislation clarities and unclear policies, the adaption with existing recycling streams, and sustainability issues
December 16, 2020