Taxing Plastic Bags, From Pennies Here to Millions There
Mayor Michael R. Bloomberg proposed a 5-cent fee on new plastic bags at the store register last week… The projected revenue for this “user fee” was $84 million — a sharp increase from the last figure floated, just $16 million.
That breaks down to one bag for every man, woman and child in New York City every single day of the year. The site Reusablebags.com estimates that 500 billion to 1 trillion plastic bags are consumed annually around the globe.
Our Take: We’re glad to hear the NYC bag fee has been expanded beyond grocery stores to include restaurants and other retailers – but we still think 5-cents just isn’t enough to change behavior. While the city may be looking forward to its potential millions in revenue, changing consumption habits is the true goal of a bag fee. Ireland’s heftier PlasTax cut plastic bag use by 90% in the first year alone!