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Plastic credit proposal

66 0
tuesday

Pakistan's bold call for a global plastics credit market at the UN plastic treaty negotiations in Geneva merits serious attention from the world. The proposal is modeled on carbon credits — countries get a certain number of credits, and companies must essentially buy these credits if they pollute more than a certain level, with low polluters allowed to sell their excess credits to pay for climate adaptation and other projects.

It is worth noting that wealthy nations consume plastics at rates 20 times higher........

© The Express Tribune