• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
February 16th - On February 16th (the last trading day of the Year of the Snake), Meituans Hong Kong-listed shares declined, briefly falling below HK$80. At the close, Meituans share price was HK$82.05, down 0.12% for the day. Previously, Meituan announced that it expects to record a loss in 2025.According to the Financial Times, cross-border banking transactions in the European Union have jumped to their highest level since the 2008 financial crisis.February 16th - According to Alibaba, on February 14th, Qianwen APP announced an enhanced free order benefit and launched the "Super Invitation Card," which can be used to purchase movie tickets with an instant discount of 25 yuan. Statistics show that the number of movie ticket orders purchased through Qianwen has increased by 500% compared to the previous day. Among them, "Pegasus 3" and "Silent Night" remained the top two most popular films, attracting over 65% of ticket buyers combined.February 16th, Futures News: Economies.com analysts latest view: WTI crude oil futures fell in the previous trading session, affected by a break below the key short-term bullish trendline. This changed the technical landscape and brought negative pressure back into focus. With prices holding below the 50-day moving average, this pressure persists, creating a solid obstacle to any serious rebound attempt in the short term. Meanwhile, the Relative Strength Index (RSI), after shaking off its previous oversold state, is beginning to show negative confluence signals, opening up room for further bearish trading and more declines in the future.February 16th, Futures News: Economies.com analysts latest view: Brent crude oil futures fell in the previous trading session, continuing to face negative pressure from trading below the 50-day moving average. This pressure intensified after breaking below the key short-term bullish trendline, and is poised to break below the $66.95 support level after the Relative Strength Index (RSI) moves out of oversold territory, weakening any bullish momentum.

Plastic Consumption Is Projected to Nearly Double by 2050, According to Studies

Haiden Holmes

Feb 27, 2023 14:08

微信截图_20230227135413.png


According to research published on Monday, plastic consumption in G20 nations is on track to nearly double by the middle of the 21st century unless a comprehensive and legally binding global treaty to reduce consumption is drafted.


According to Back to Blue, a research group operated by the Economist Impact think-tank and the Nippon Foundation, existing initiatives to increase recycling or reduce single-use plastic consumption have "barely scratched the surface" and a more comprehensive global plan is required.


In Uruguay, the United Nations began negotiations on an agreement to combat plastic pollution in November, with the goal of drafting a legally binding treaty by the end of the following year. 175 countries have joined up for the negotiations.


Nonetheless, if negotiations fail, annual plastic production in G20 nations could reach 451 million tonnes by 2050 based on current development rates, according to Back to Blue - an increase of nearly 75 percent from 2019.


The research group stated, "There should be no illusions that the treaty negotiations will be anything but difficult and treacherous." "The likelihood of failure is high, both in terms of no treaty emerging and a treaty that is insufficient to reverse the plastic tide."


It called for a stricter ban on single-use plastic, as well as increased production taxes and mandatory programs to hold companies accountable for the entire lifecycle of their products, including recycling and disposal.


Back to Blue stated that the combined measures could limit annual consumption to 325 million tonnes by 2050, but that would still be a 25 percent increase from 2019 and the equivalent of 238 million garbage vehicles.


Brazil, the United States, Indonesia, and Turkey are among the G20 countries that have yet to introduce national prohibitions on single-use plastic products, according to the report.