Australian tycoon Andrew Forrest pushes for a global plastic tax to curb pollution and health risks.

Andrew Forrest, an Australian mining magnate, is advocating for a plastic production tax, called a "polymer premium," during global treaty talks in South Korea. The tax would impose a fee of $60-90 per tonne of primary plastic, with countries keeping part of the revenue to improve waste management and address health impacts. The rest would help low and middle-income nations tackle legacy pollution, aiming to prevent a potential health and environmental crisis.

November 24, 2024
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