taxes on plastics

plastics to the ocean

Waste Law Will Reduce Plastic Pollution In Spain By 70% By 2030

Portocolom | Reducing plastic waste by 70% by 2030 is the aim of the draft Waste Law and to achieve this it includes two taxes on plastic and the obligation to offer tap water in hotels and restaurants, among other measures. The Council of Ministers has given the green light to the draft Law on Waste and Contaminated Soil, and it is pending in the Parliament. The current pandemic has accentuated this contamination by plastics: masks, gloves, food packaging, etc., worsening the situation that we already had. 75% of this plastic will find its way into landfills and the sea. A serious cost to the environment and the economy.

The ratio of NPLs could be close to 3%in Europe in 2020

While Waiting For A Plan Which Keeps Both North And South Happy, the EU Considers New Green Taxes To Finance It

An important day in Europe today. The European Commission will present its proposal for a post-coronavirus economic recovery plan. Ursula Von de Leyen will seek to find a compromise between the demands of the countries most affected by the pandemic and those of the so-called frugal countries. Instead of countries putting more money from their national coffers into the European Budget, the EC plans to finance itself with new “green” taxes that could raise annual revenues of €5-14 Bn for the EU.