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Environment & Energy Report

World Seen Struggling to Recycle Even 50% of Its Plastic Waste

Feb. 4, 2020, 9:29 AM

Even if countries aggressively tighten regulations, the planet will still struggle to recycle50% of its plastic waste in 10 years time, according to a report from Jefferies Financial Group Inc.

Deepening concern over the rising mountain of discarded plastic will force governments to toughen rules, and companies with a combined market value of $3.5 trillion will be hit by wide-ranging bans and taxes aimed at fighting plastic pollution, wrote Jefferies analysts including Simon Powell.

Still, “given the very low rates of recycling we see today, we believe that even with much tighter regulation, it’s unlikely that global recycling rates...

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