Lifestyle Economics

Plastic bottle deposit scheme will see marginal benefits for great cost

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.