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February 19, 2009

Taxing Plastic Bags, From Pennies Here to Millions There

The New York Times 2.02.09  Nytimesarticle

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! 

Link: Taxing Plastic Bags, From Pennies Here to Millions There

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Comments

I believe that the banning of plastic bags is a great idea and a great way to raise
money for the country and help the environment. Also i have the perfect invention,
Have a look at greenbagmanshopper.com Let me know what you think about my idea.

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