Credit Suisse, the global wealth management agency, predicted in the latest report "Plastic Age: One Touch" that the Australian federal government will introduce policies to intervene in the plastics industry within two years, such as taking taxes on plastic products.
At present, the Australian federal government is preparing to announce six national policies, including reducing 80% of buried plastics by 2030, and 30% of all packaging should contain 30% of recyclable materials by 2025, in response to China’s restrictions on importable waste. Crisis.
Credit Suisse said that Australia's plastic waste exported to China in the past ten years accounted for 81% of the total domestic plastic waste, which has formed a serious dependence. At present, in response to the current difficulties, the Australian government appears on the policy of plastic waste. A great turn.
Credit Suisse believes that if the Australian government wants to implement a policy that all products must contain 30% recyclable materials, then the tax rate and reward mechanism is essential. In France, for example, products that do not use recyclable plastic packaging will be A 20% surcharge will be imposed in 2019.
And this report shows that the demand for waste disposal infrastructure will be greatly improved in the future, and many large-scale waste disposal companies will be supported by policy. Moreover, due to the influence of China's ban on plastics, there may be mergers in the waste disposal industry in the short term, and large companies will become the last beneficiaries.