BRUSSELS (Reuters) - Concerns are rising across Europe that the coronavirus-induced slump in oil prices could knock demand for recycled plastics but data is still patchy on how the pandemic has affected the amount of trash piling up, the European Union's environment chief said.
As lockdowns around the world caused a drop in demand for fossil fuels, oil prices have plummeted this year, making virgin plastics even cheaper than recycled versions of the material.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!