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Beyond Petroleum: The Rise of Bioplastics in a Greener World

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24 Feb, 2025

This post was originally published on Recycle Nation

In 2018, Americans generated 35.7 million tons of plastic waste. Some plastics are recyclable, but not all of them are. Less than 10% of plastic items are properly recycled. HDPE (29.3%) and PET (29.1%) are the types of plastic with the highest recycling rates. Some people don’t recycle as they should due to confusing policies […]

The post Beyond Petroleum: The Rise of Bioplastics in a Greener World appeared first on RecycleNation.

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Government consulting on sustainable investment labelling

Government consulting on sustainable investment labelling

The Australian Government is starting consultation on sustainable investment product labelling, which is designed to give investors more confidence to put more capital to work in sustainable products.

The federal government said the release of this paper is a key step in implementing its Sustainable Finance Roadmap — designed to help mobilise the capital required for Australia to become a renewable energy superpower, modernising the financial markets and maximising the economic opportunities from net zero.

This consultation paper seeks views from investors, companies and the broader community on a framework for sustainable investment product labels.

These labels are designed to help investors and consumers identify, compare and make informed decisions about sustainable investment products to understand what ‘sustainable’, ‘green’ or similar words mean when they’re applied to financial products.

The government said a more robust and clear product-labelling framework will help investors and consumers invest in sustainable products with confidence and help tackle greenwashing.

This phase of consultation will run from 18 July to 29 August and help the government refine its design principles for the framework.

The consultation paper is available on the Treasury consultation hub.

Image credit: iStock.com/wenich-mit

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