28/05/2021
The PPRS has come under heavy criticism from many environmental groups stating that the proposal is not even fit for purpose, let alone ambitious. Looking at the details, it certainly seems so. The main reasons issues are:
1. There are no targets. Difficult to comprehend that no targets have been set but without a goal, there will be no indication whether the scheme is making an appreciable difference.
2. The rebate size is simply not high enough. Hong Kong is a highly developed, wealthy territory. As such, it is difficult to imagine that any meaningful success will be achieved when offering the lowest rebate in the world both in absolute terms and relative to income levels.
3. The organisational structure does not correctly incentivise all parties to pull in the same direction. Without targets, incentives and penalties, it is far too easy for stakeholders to point fingers at each other. With a set target, and responsibility for meeting those targets placed firmly with the producers, there are greater incentives for an effective, cost efficient operation to be created.
To read what all 8 reasons are, click here - https://pleasedrinksustainably.com/blog/hong-kongs-plastic-bottle-bill-look-set-for-failure-here-are-8-reasons-why