Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

Philippines' Duterte warms to idea of banning plastics

Published 11/07/2019, 05:20 PM
Updated 11/07/2019, 05:24 PM
Philippines' Duterte warms to idea of banning plastics

MANILA, Nov 7 (Reuters) - Philippine President Rodrigo
Duterte has proposed banning plastic, his spokesman said on
Thursday, which could provide the impetus needed for the
Congress of one of the world's top plastic polluters to pass
environment protection laws.
The Philippines, which ranks among the world's worst ocean
polluters, has a law on solid waste but it is poorly enforced
and it does not regulate packaging manufacturing.
Presidential spokesman Salvador Panelo said Duterte
mentioned the possibility of a plastics ban during a discussion
on climate change in a cabinet meeting on Wednesday.
"The president floated the idea to ban the use of plastics,
which according to him would require legislative action," Panelo
told reporters without elaborating.
Several bills aimed at combating plastic pollution are
pending in Congress, including a proposal by boxing star and
senator, Manny Pacquiao, to ban single-use plastics, but none of
the measures are close to becoming law.
The Philippines ranked third in the world for failing to
deal with its plastics, according to a 2015 study by the
University of Georgia, which said 81 percent of its plastics
waste was mismanaged.
Plastic waste has reached worrying proportions in the
Philippines, which has the fifth longest coastline in the world,
given the staggering amount of throw away plastic used.
A recent study by environment group the Global Alliance for
Incinerator Alternatives showed that close to 60 billion pieces
of sachets and 34 billion pieces of plastic bags are discarded
in the Philippines yearly. <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
When plastic is not fantastic IMG https://tmsnrt.rs/2Z59WzE
Slave to sachets: How poverty worsens the plastics crisis in the
Philippines ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.