Plastic bottle deposit scheme will see marginal benefits for great cost
13 April 2019
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In the Media
Lifestyle Economics
Economic Theory
11 November 2024
IEA research featured in The Sun
Chris Snowdon, Head of Lifestyle Economics at the IEA, is quoted in The Sun in a piece reporting on his upcoming briefing on the UK’s proposed plastic bottle Deposit Return Scheme.
He notes that the scheme will cost £800m per year to run and that it will do little to reduce the plastic in the worlds’ oceans, 95% of which comes from just 10 rivers – eight of which are in Asia and two in Africa.
The government estimates the psychological cost of seeing less little will be nearly £1 billion.
Read the full piece here.
He notes that the scheme will cost £800m per year to run and that it will do little to reduce the plastic in the worlds’ oceans, 95% of which comes from just 10 rivers – eight of which are in Asia and two in Africa.
The government estimates the psychological cost of seeing less little will be nearly £1 billion.
Read the full piece here.
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