Here's a (not so well written) story about how India changed its laws so that beverage giants have to use recycled materials in their plastic bottles.
They must be 30% recycled material this year, ramping up to 60% in three years.
But there are only a few companies that can make recycled bottles at scale - and not enough to meet the demands of the likes of coke and Pepsi.
One executive notes that:
"We are investing in capacity, but capacity increases are two-three years away."
Which leads us back home. T-rump has imposed tariffs to encourage growth of American made products. He's been in office for about 3 months and expects there to be some "pain" while this gets sorted out.
If we use the situation in India as sort of a guide, we should realize that it will take *years* for companies to figure it out and be able to make products at scale. And that is if they can do it all.
These tariffs, then, hurt everyone. The company, the consumer, shippers, the places from whence products come. For a very long time.
It's insanity.
https://www.thecooldown.com/green-business/recycled-plastic-mandate-india-beverage-giants/
https://www.thecooldown.com/green-business/recycled-plastic-mandate-india-beverage-giants/