Tuesday 17 September 2013

Plastic Bag Tax

A 5p charge for plastic bags in England is to be introduced by the government in a bid to discourage their use. The charge, which will only apply to supermarkets and larger stores, will begin after the 2015 election, with the proceeds going to charities. Will the 5p tax be enough to discourage use? What other methods could be used to solve the market failure?