So in the European Union, the cost of endocrine disrupting chemicals, about 163 billion euro, 1.2% of gross domestic product. Nothing to laugh at. In the US using similar methodology, $340 billion. And what's the difference In Europe, they actually have taxes on producers that if you're going to A producer introduces a product like packaging into the stream of commerce, they have to pay for its recovery. And so they're incentivized to not only to recycle and to reuse, but also to reduce the amount of plastics. (22:27–22:45)
CLAIM
Asserts that Europe taxes producers for packaging recovery.
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