logo
Malaysia will stop accepting U.S. plastic waste, creating a dilemma for California

Malaysia will stop accepting U.S. plastic waste, creating a dilemma for California

Yahoo2 days ago

Malaysia will ban plastic waste imports from the U.S. starting Tuesday because of America's failure to abide by the Basel Convention treaty on international waste transfers, in a move that could have significant consequences for California.
Malaysia emerged as a major destination for U.S. waste after China banned American waste imports in 2018. California shipped 864 shipping containers, or more than 10 million pounds of plastic waste, to Malaysia in 2024, according to the Basel Action Network, an advocacy group. That was second only to Georgia among U.S. states.
Under Malaysian waste guidelines announced last month, the country will no longer accept plastic waste and hazardous waste from nations that didn't ratify the Basel Convention, the international treaty designed to reduce the international movement of hazardous and other waste. The U.S. is one of just a handful of countries, including Fiji and Haiti, that hasn't signed the pact.
Malaysia will continue to accept plastic waste from Basel signatories. However, exports from those countries will be subject to pre-inspection at the nation of origin, according to the new guidelines
Steve Wong, the chief executive of Fukutomi, a Hong Kong-based global plastic recycling company, suggests it is already having an effect on shipping ports.
"With scrap inventories building up at ports and yards, and no clear guidance yet on the enforcement discretion or timeline of Malaysia's new system, the market for imported plastic waste has effectively frozen," he wrote in an email to people who follow recycling trends, which was shared with The Times.
Much of California's plastic waste is sent overseas. A Los Angeles port spokesman said he was unaware of the impending ban. Long Beach port officials didn't immediately respond to requests for comment.
An Oakland port spokesman said that facility "hasn't historically seen much volume in this commodity, so we don't anticipate any impact from this change."
According to Wong's email, the coming ban has already disrupted trash export routes significantly, particularly for the plastics used in grocery bags, trash can liners and food wrap.
"The scrap plastics market in Malaysia has come to a virtual standstill amid tightening import regulations and widespread uncertainty ahead of the new control regime taking effect on 1 July 2025," Wong wrote in the email. "Recyclers, traders, and suppliers are all reporting minimal or no movement of plastic waste."
Jim Puckett of the Seattle-based Basel Action Network cheered Malaysia's decision.
"The 'recycling' is doing more harm than good as only a fraction of the exports ever get recycled," said Puckett, the group's founder and chief of strategic direction. "The plastics that are not feasible to be recycled are often hazardous, or contain microplastics, which are commonly dumped, burned, or released into waterways. The export of plastic waste for recycling is a complete sham and it is a relief that the U.S. contribution to this plastic waste shell game is increasingly outlawed."
According to California's waste agency, CalRecycle, the state exported 11.3 million tons of recyclable materials overseas to places such as Malaysia, Thailand, Vietnam, China, Taiwan, South Korea, Mexico and Canada — in 2022.
That number includes 100 million pounds of scrap plastic. Although the Basel Action Network's numbers indicate more than 10 million pounds went to Malaysia, CalRecycle's 2022 report didn't break down plastic exports to individual nations.
A spokesperson for CalRecycle said that California "is working to reduce plastic pollution in our state and around the world" and that exports of scrap plastic have significantly declined over the last 10 years.
Maria West, the agency's communications director, said that in 2018, California exported roughly 421,000 tons, or nearly 842 million pounds of plastic scrap to Malaysia. She said that number dropped 98% in 2024 to 8,000 tons, or about 16 million pounds.
Several major waste companies in California, including Athens Services and Recology, didn't immediately respond to requests for comment.
Critics of California's waste system say a 1989 state law that requires cities and jurisdictions to divert waste from landfills led to an increase in the export of waste overseas.
Until 2018, China was the major importer of U.S. plastic waste. However, after China implemented it's National Sword policy — which banned the import of most plastic waste — nations began sending their waste elsewhere, often to less economically advantaged nations such as Malaysia, Vietnam and Thailand.
Although some of the plastic is recycled in these nations, much of it is incinerated or placed in landfills, where it chokes rivers and flows into the ocean.
Waste advocates such as the Basel Action Network and participants in the Basel Convention are working to reduce the international movement of contaminated, nonrecyclable plastic from economically advantaged countries, such as the United States, to less advantaged nations.
Jan Dell, the president of LastBeachCleanUp, a Laguna Beach-based anti-plastic waste organization, praised the Malaysian decision.
"We're calling on cities, waste companies, brokers, and shipping companies to respect Malaysia's sovereign law and STOP all plastic waste shipments," she wrote in an email. The plastic waste must NOT be re-rerouted to other poor countries."
In 2022, Gov. Gavin Newsom signed Senate Bill 54, a landmark plastic law that is designed to establish a circular economy for single-use plastic products and packaging. The law addresses the export of plastic waste and requires product manufacturers to certify that their products are being recycled or composted in ways that reduce environmental pollution and minimize health effects for people who live near where the product is sent.
CalRecycle is currently working on drafting regulations that will enable the implementation of the law, but West, the agency's spokeswoman, said the law requires that for any material to be considered recycled, it "must go to responsible end markets, ensuring material actually gets recycled instead of becoming waste in landfills or the environment."
This story originally appeared in Los Angeles Times.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Delta Air Lines' Q2 2025 Earnings: What to Expect
Delta Air Lines' Q2 2025 Earnings: What to Expect

Yahoo

time32 minutes ago

  • Yahoo

Delta Air Lines' Q2 2025 Earnings: What to Expect

Atlanta, Georgia-based Delta Air Lines, Inc. (DAL) provides scheduled air transportation for passengers and cargo. With a market cap of $31.5 billion, the global airline leader offers flight status information, bookings, baggage handling, and other related services. The global airline leader is expected to announce its fiscal second-quarter earnings for 2025 before the market opens on Thursday, Jul. 10. Ahead of the event, analysts expect DAL to report a profit of $1.92 per share on a diluted basis, down 18.6% from $2.36 per share in the year-ago quarter. The company beat the consensus estimates in two of the last four quarters while missing the forecast on two other occasions. Dear Nvidia Stock Fans, Watch This Event Today Closely Can Broadcom Stock Hit $400 in 2025? A $2 Billion Reason to Sell Super Micro Computer Stock Now Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For the full year, analysts expect DAL to report EPS of $5.08, down 17.5% from $6.16 in fiscal 2024. However, its EPS is expected to rise 28.7% year over year to $6.54 in fiscal 2026. DAL stock has underperformed the S&P 500 Index's ($SPX) 12.1% gains over the past 52 weeks, with shares up 1.6% during this period. Similarly, it underperformed the Industrial Select Sector SPDR Fund's (XLI) 19.4% gains over the same time frame. Delta's performance has been hindered by economic uncertainty and trade conflicts, which have dampened the travel market. As a result, the airline is scaling back its capacity growth plans to match supply with weaker demand. On Apr. 9, DAL shares closed up more than 23% after reporting its Q1 results. Its adjusted EPS of $0.46 surpassed Wall Street expectations of $0.40. The company's revenue was $14 billion, exceeding Wall Street forecasts of $13.8 billion. DAL expects Q2 adjusted EPS in the range of $1.70 to $2.30. Analysts' consensus opinion on DAL stock is bullish, with a 'Strong Buy' rating overall. Out of 21 analysts covering the stock, 19 advise a 'Strong Buy' rating, and two give a 'Hold.' DAL's average analyst price target is $61.91, indicating a potential upside of 26.4% from the current levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Senate Unveils New Trump Tax Draft With Plans to Vote Soon
Senate Unveils New Trump Tax Draft With Plans to Vote Soon

Yahoo

time35 minutes ago

  • Yahoo

Senate Unveils New Trump Tax Draft With Plans to Vote Soon

(Bloomberg) -- Senate Republicans unveiled a new version of their $4.2 trillion tax cut package, moving closer to a vote as they near a July 4 deadline set by President Donald Trump. Philadelphia Transit System Votes to Cut Service by 45%, Hike Fares US Renters Face Storm of Rising Costs Squeezed by Crowds, the Roads of Central Park Are Being Reimagined Sprawl Is Still Not the Answer Mapping the Architectural History of New York's Chinatown The new draft reflects compromises among warring factions of the Senate GOP which has been divided over how much to cut safety-net programs such as Medicaid and how rapidly to phase out of renewable energy tax credits enacted under the Biden administration. Senate Majority Leader John Thune has said he plans for his chamber to start voting on the tax bill Saturday with final votes coming as soon as early Sunday. Party leaders plan to bring House members back to Washington early next week for what they hope will be final approval of the measure in time for Trump's Independence Day deadline. It is not yet clear if the 50 Senate Republicans needed to pass the bill are all on board. The bill can be further altered on the Senate floor to secure the votes if needed. The House could make more changes if Speaker Mike Johnson has trouble corralling votes for the measure. SALT Deduction A tentative deal with House Republicans to increase the state and local tax deduction is included. The bill would raise the SALT deduction cap from $10,000 to $40,000 for five years before snapping back to the $10,000 level. The new cap applies to 2025 and rises 1% in subsequent years. The ability to claim the full SALT amount would phase out for those making more than $500,000 per year. A House attempt to curb the ability of pass-though businesses to circumvent the SALT cap is removed from the text. The deal has the support of most members of the House SALT caucus of Republicans from high-tax swing districts. While decried by conservatives for costing hundreds of billions of dollars, it has the blessing of the White House. Senate Republicans also deleted a Section 899 'revenge tax' on some foreign companies and investors that had spooked Wall Street, after Treasury Secretary Scott Bessent requested the change. The Senate measure makes permanent individual and business tax breaks enacted in 2017, while adding temporary new breaks for tipped and overtime workers, seniors and car-buyers. Medicaid Changes To win over moderate Republicans, the bill would create a new $25 billion rural hospital fund aimed at helping mitigate the impact of Medicaid cuts, which otherwise could force some rural providers to shut down. Republican Senator Susan Collins of Maine, however, had demanded a $100 billion fund. Moderate Republicans also won a delay from 2031 to 2032 on the full impact of a new 3.5% cap on state Medicaid provider taxes. States often use these taxes, within some already existing rules, to draw down federal funding and increase payments to facilities like hospitals. Limits on the Medicaid funding mechanism would begin phasing in in 2028. The cap on provider taxes would only apply to states that expanded Medicaid coverage for low-income people under the Affordable Care Act. According to the Kaiser Family Foundation, 40 states and the District of Columbia have done so. The House-passed version of the bill proposed a moratorium on new or increased provider taxes, which the Congressional Budget Office said would save the federal government more than $89 billion over the next decade. The measure also would impose new work requirements on Medicaid recipients and require Medicaid beneficiaries who gained eligibility through the Affordable Care Act to pay a share of their costs through charges such as co-pays and deductibles. Renewable Energy Senate Republicans moved up a cut-off tax credits used for wind and solar projects even earlier then they initially proposed, amid pushback on the credits from Trump. The new measure requires those projects to be 'placed in service' by the end 2027 to receive the incentives, as opposed to simply under construction. The change, if it makes into law, could be a blow to companies such as NextEra Energy Inc., the biggest US developer of wind and solar projects. Senate Democratic leader Chuck Schumer warned Americans in a social media post that Republicans' plan to phase out the clean energy tax breaks would 'jack up your electric bills and jeopardize hundreds of thousands of jobs.' Republicans also would end a popular $7,500 consumer tax credit for electric vehicles earlier than in the prior drafts. While the initial proposal would have ended the incentive at the end of this year for most EV sales, the new version terminates the credit after September 30, 2025. Tax credits for the purchase of used and commercial electric vehicles would end at the same time. The new draft adds back in a plan to sell as much as 1.2 million acres of Interior Department land for housing and 'community development' across 11 western states. The measure, championed by Senator Mike Lee, a Utah Republican could raise as much as $6 billion. But it has drawn opposition from some Republican senators representing affected states, who have vowed to strike it from the bill. The phase-out of a tax credit for hydrogen production would be delayed to cover projects that begin construction through 2028. The previous version of the legislation ended the credit this year. The bill would slash funding for the Consumer Financial Protection Bureau, cut federal payments to states for food stamps and boost funds for a US-Mexico border wall among other things. The measure would avert a US payment default as soon as August by raising the debt ceiling by $5 trillion. --With assistance from Mike Dorning. (Updates with additional details throughout.) America's Top Consumer-Sentiment Economist Is Worried How to Steal a House Inside Gap's Last-Ditch, Tariff-Addled Turnaround Push Luxury Counterfeiters Keep Outsmarting the Makers of $10,000 Handbags Apple Test-Drives Big-Screen Movie Strategy With F1 ©2025 Bloomberg L.P. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store