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...At one of the facilities, the waste was to be processed using mechanical recycling and by turning the low-value plastic into “refuse derived fuel”, which is made from burning and compression....
...However, it would still be accepted in the paper recycling stream in the UK, Netherlands and Germany....
...Payments would be made to a publicly run scheme administrator before being passed to councils to collect plastic waste and handle its recycling....
...Disagreements over how the 400mn tonnes of annual plastic waste should be managed have stalled negotiations....
...Electronic waste, such as old laptops, phones and smart devices, is a fast-growing sector, according to Aurubis, one of the world’s largest recycling companies, and the World Health Organization....
...But several of these goals were deleted in the final agreement after heavy resistance from industry and countries such as Finland and Italy, which have strong paper and recycling sectors....
...Packaging waste in the EU has increased about 20 per cent between 2009 and 2020 — a rate much faster than the bloc’s economic growth — to an average of 177kg per capita, despite an increase in recycling....
...executive in the water and wastewater recycling sectors....
...The chief executive of French waste and water group Veolia has urged European governments to do more to cut red tape on permits to speed up renewable energy projects....
...waste management....
...Despite the UK being the third-largest producer of paper and card waste in Europe, it ranks 25th out of 30 European nations for the recycling of paper and cardboard packaging....
...Because the recycling process involves waste and energy, it is less effective than using less stuff (but more effective than not recycling). It may even be counter-productive....
...“It would be absurd for European consumers to finance the low-cost recycling of Asian packaging while, at the same time, the recycling of European packaging waste remains locked in a permanent price crisis...
...They could also tackle plastic waste, oil spills and other toxic pollutants....
...The OECD says that waste management systems in non-OECD countries will require $1tn of investment to achieve global plastic recycling goals. Companies can do their bit....
...Consumption has quadrupled over the past 30 years, says the OECD, driven by packaging, consumer products and textiles. And we have not made much progress on recycling and reuse....
...And, as long as you have widespread, extremely cheap uranium, why bother recycling?”...
...Recycling “is essentially an industry of waste management”, Vishvakarma says. “The goal tends to be to get rid of it, out of mind and out of sight.”...
...The World Bank and Citi have launched a $100mn bond to combat waste, with repayments partly determined by the sale of plastic and carbon offset credits....
...The Waste and Resources Action Programme, or Wrap, a green campaign group, says that clearer and more consistent labelling is an obvious starting point, along with pack sizes and formats to suit single-occupancy...
...“We’re recycling waste from the site itself,” says Baker-Brown, whose 2017 book The Re-use Atlas will be revamped and republished next April....
...But demand for the material rocketed as consumer goods companies set targets to cut their reliance on virgin plastics in an attempt to reduce their carbon footprints and plastic waste....
...On an earnings call on Wednesday, CME chief executive Terry Duffy said his exchange was “in a good position” to compete....
...Brussels is working on an exemption to the recycling obligation for products such as Camembert and Gorgonzola that have a special geographical status, but it will be up to the EU’s 27 member states and MEPs...
...Chicago-based CME is the world’s biggest futures and options exchange and one of the largest cash trading markets. CME would apply this year to clear cash Treasuries, Duffy said....
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