Financial

Plastax

Plastax

A tax imposed on the use of plastic bags, for example at a grocery store. A plastax is introduced to discourage use of plastic bags, which are thought to be harmful to the environment.
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References in periodicals archive
One strategy for providing this push is a small financial disincentive, like Ireland's famous "plastax" on single-use plastic bags.
The proposal was modelled on Ireland's 'PlasTax', successfully introduced back in 2002.
Revenue from Ireland's "plastax" is spent on environmentally friendly initiatives and cleanup projects.
While some cities are pushing for outright plastic bans, in 2003 Ireland introduced the "Plastax," levying a fee of approximately 29 cents on each plastic bag a shopper uses.
While some cities are pushing for outright plastic bans, in 2003 Ireland introduced the "Plastax" levying a fee of approximately 29 cents on each plastic bag a shopper uses.
Also, since March 2002, Ireland has imposed a Euro 0.15 "PlasTax" on each bag, reducing their use by 90%.
Following the success of the "plastax" - the 15c levy on plastic bags that cut their use by more than 90 per cent - Minister Cullen TD wants to use the same idea to deal with other problems.
IRELAND has successfully implemented a plastic bag levy, plastax.
All outlets, including super- markets and off-licences, must now charge their customers the "plastax" for each bag they use to pack their goods.
THE Government is considering extending the hugely successful "plastax" on shopping bags to other non-reusable plastic packing, industrial plastic bags and farm plastic waste.
THERE has been a massive drop in the use of plastic shopping bags following the introduction of the 15 cent "plastax" levy a month ago.
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