Chancellor Philip Hammond has published his 2018 Autumn Budget, covering many industries including waste and the environment.
Some of the key points in the budget affecting waste and environment are:
Plastic Tax
The government will introduce a new tax from April 2022, on the manufacture and import of plastic packaging which contains less than 30% recycled plastic.
No Latte Levy
A tax on single-use plastic and paper cups was widely called for to help combat the 2.5 billion cups that end up in landfill. The government, after a consultation on the issue, believe that it is not “effective in encouraging widespread reuse”. However, this will be reconsidered if the industry doesn’t make enough progress.
– James Capel, CEO.
£20 million to tackle plastics and boost recycling
The £20 million will be split in two, £10m will be set aside for research and development into plastics and the remaining £10m will be used for pioneering innovative approaches to boosting recycling and reduce litter.
Abandoned waste sites and food waste
A government pilot scheme will make £10 million available to the Environment Agency to work with partners to clear the worst abandoned waste sites – a site where the operator can’t afford to move the waste or has gone into administration. Ministers will give £15 million to charities and others to distribute excess food.
Investment in tree-planting
£60 million will be spent on planting millions of trees across the country. It’s broken down into a £10m project to plant new street and urban trees, the remaining £50m will be used to purchase credits from landowners who plant woodland.
https://www.edie.net/news/11/Budget-2018-Chancellor-Philip-Hammond-policy-summary-for-green-business/