A European tax on plastic waste is gaining momentum as a way to bring new sources of revenue to the EU budget as leaders prepare for a two-day summit in Brussels beginning today (17 October).
The proposed tax would apply to all kinds of plastics produced by corporates in all sectors
While an agreement to significantly increase the EU budget seems “unlikely,” the European Commission’s proposal for a plastic tax has gained “broad support” among EU member states.
That’s according to Finland, which has prepared a two-page memo on the state of play of negotiations on the bloc’s next long-term budget for 2021-2027 ahead of the EU summit on 17-18 October. Finland currently holds the EU’s six-month rotating presidency.
Much of the summit is