Isabel Hilton, CEO of China Dialogue, said that plastic recycling is feasible, but the cost of recycling plastic is much higher than the cost of producing it. At the same time, due to the impact of the coronavirus pandemic, oil prices have crashed, and the cost of plastics has been greatly reduced. She believes that the taxing of plastics should be shifted to reflect the true environmental cost, helping consumers to reduce consumption of plastic products, and cut down future pollution as much as possible.
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