Posted September 24, 2018 08:02:47 The cost of producing and recycling plastic containers is cheaper than it used to be, according to a new report from the Institute for Energy and the Environment.
The institute looked at the price of plastic from land and sea sources, including the price per kilogram, the cost of shipping it from one place to another and the cost for recycling it.
The cost per kilo of plastic has dropped since 2014 and is currently about 10 cents per kiloflourd per tonne.
It said the price for plastic is still more than twice that of land and ocean, which are both more expensive.
However, the institute found the cost per ton of land is less than the cost to make the same amount of plastic on land and at sea.
The Institute for Environment and Energy (IEE) report is published in the journal, Energy, Environment and Resources.
It says the cost could be about 50 per cent lower than the value of the plastic used to produce it, if it is processed locally, transported to a landfill and recycled.
It recommends countries move towards biodegradable packaging, which means a material that is biodegraded after it has been recycled.
“The cost of plastic waste from land is significantly less than that from ocean and sea waste,” said Dr Stephen Leck from the IEE.
“It is much cheaper to buy the plastic from the land and put it on land, which is where it goes to landfills or landfares, and then process it in landfarms.”
The Institute says countries have moved towards a more environmentally friendly packaging and manufacturing process and are starting to see the cost decrease.
“With biodegradation, a material is essentially gone from the environment and it becomes more difficult to recover it,” he said.
“There are some challenges associated with biodegrading plastic, including that the plastic can be biodegradeable.”
It said most countries have seen a drop in the amount of landfaring that is happening, and many are looking to shift to using landfill as a way of recovering landfilling waste.
“Landfaring is a significant source of waste, but it also produces significant economic and social benefits,” said Mr Leck.
“In the long term, it is important to consider that we can reduce landfarming in some ways, including through a shift to biodegrading plastic.”
The institute says more people are living in cities than in rural areas.
It says the use of plastic in products such as food, paper and packaging is increasing, particularly in developing countries.
“We are seeing that people are increasingly opting to use reusable and compostable packaging to reduce the waste that they produce, and also to reduce their impact on the environment,” Dr Leck said.
The report is part of a wider global campaign to reduce waste and pollution.