READ THIS If You Missed Out on the AI Boom

Radical new biotechnology predicted to grow 320,000% in 3 years. Nvidia's CEO calls it "the next amazing revolution." And one small company poised to dominate this revolution trades for just $10.

A ban on single-use plastics takes effect in Hong Kong in a bid to reduce pollution

ALICE FUNG
April 22, 2024

HONG KONG (AP) -- Hong Kong has long been a major producer and consumer of great food, and a great amount of plastic and Styrofoam to go with it.

That's going to change as new legislation aiming to stop the sale and distribution of Styrofoam products and single-use plastic cutlery went into effect on Monday.

Under the new law, single-use cutlery such as forks, spoons, straws and plates cannot be sold or distributed for both dine-in and takeaway customers. However, plastic food containers and cups can still be given out for takeaways.

The regulation of disposable plastic tableware and other plastic products in Hong Kong aims to reduce their use at the source to cut down on pollution, Hong Kong's Environmental Protection Department said in an emailed response to The Associated Press.

Restaurants were given a six-month grace period. A second phase of the ban, expected next year, will ban all single-use plastics including containers for both dine-in and takeaway.

Many restaurants have already begun implementing the new measure.

Kuen Fat Kitchen is a typical lunch stop for many people in Hong Kong. Even before the new law was introduced, it had already started to reduce the use of Styrofoam boxes.

Owner Kitty Chan said the changes will mean higher costs.

"For a single-use cutlery set, you might think it's just a small change, but switching the plastic spoon to a paper spoon doubles the cost for us. So, it's not so friendly to the business of the food and beverage industry," Chan added.

Customers at Kuen Fat Kitchen have mixed feelings. Some don't want to face extra hassle when going out to eat if they are asked to bring their own containers and utensils.

"When I'm at work, I only have an hour for lunch, and I need to eat efficiently. I don't think it's convenient for me to bring my own cutlery and do the washing up afterwards. It's not convenient and I don't think it's a good idea," said customer Darren Seng.

Others recognized the environmental impacts of their dining-out habits.

"I think it's better for the environment," said resident Thomson Choi.

Single-use plastic cutlery is the second-largest source of plastic waste after single-use plastic bags in Hong Kong, according to Greenpeace. Many businesses are changing to alternative plastics made of natural resources to comply with new rules, instead of improving their packaging, the organization added.

Greenpeace campaigner Leanne Tam hopes that the new law will discourage the throwaway culture and promote reusables, instead of "greener" disposables.

"Any kind of plastic ban policy should aim to influence the public to stay away from plastic. We should move on, and have a new approach," said Tam. "But we would like to remind the government that it should devote more resources to promote reusable instead of disposable. This is the way to solve the root of the problem."

According to the latest figures by Hong Kong's government in 2022, the city disposed 11,128 tons of solid waste per day, among which plastics contributed 2,369 tons.

Hong Kong is reliant on the city's three landfills to handle its waste, but they are expected to be filled up by around 2026, according to the government.

The city plans to implement municipal solid waste charging from Aug. 1, but the logistics have yet to be worked out. It would compel individual homes, restaurants, and all businesses to pay for trash they throw away.

Continue Reading...

Popular

Las Vegas tourism authority sponsoring each Aces player for $100K in 2024 and 2025

LAS VEGAS (AP) — The Las Vegas Convention and Visitors Authority is providing a $100,000 annual sponsorship to each Aces player for this season and 2025.

5 Wall Street Legends Just Bought This One Stock - Ad

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

Top 3 Real Estate Stocks That Are Set To Fly

The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down.

Defi Coin Triggers All "Buy" Signals and Could Break Out Soon - Ad

Some are calling this the most promising DeFi project since Ethereum itself. Here's the #1 DeFi Coin Set to Soar. While Bitcoin grabs headlines, this lesser known DeFi coin is quietly gearing up for a monster rally. Experts say now is the time to buy before it reaches escape velocity.

Snowflake Analysts Remain Overweight: Potential Growth Despite Iceberg Adoption Concerns

Piper Sandler analyst attended Virtual Iceberg Summit with tech giants. Snowflake seen as having potential drag on growth, but threat may be overstated.

Top 4 Health Care Stocks Which Could Rescue Your Portfolio This Month

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.

Could Elon Musk's New Device Save Us from A.I. Apocalypse? - Ad

A strange new era for mankind is upon us... And it's all thanks to Elon Musk's latest creation. So he invented this strange new device to protect us against that A.I. threat. See this strange device you could be wearing some day.

Elon Musk Issues Stark Warning Amid Rising National Debt: '...The Dollar Will Be Worth Nothing'

Elon Musk has voiced concerns about the future stability of the U.S. dollar, highlighting the escalating national debt as a potential catalyst for a looming economic crisis.

Jim Cramer Advises Investors To Stick With Good Companies Despite Short-Term Losses: 'You Just Need To Figure Out Which Companies Deserve Your Confidence'

Cramer, a prominent figure in the finance world, suggested that investors should not emulate the trading habits of large hedge funds. Instead, he recommended a long-term investment strategy, emphasizing the need to anticipate and endure market declines.

Buy This Next Gen Crypto Before Its Big Upgrade - Ad

Experts predict this one crypto will soar 7,200% by the end of the decade... and grow 20X bigger than bitcoin. But you must get in before it's big.

Tesla Cuts Workforce By 10% In Norway, Offers Severance Package Amid Global Restructuring

The severance package comprises a minimum of three months of full salary without work obligations, even for those recently hired.

Is This Nvidia's Secret Weapon? - Ad

You've likely heard about Nvidia's incredible success in AI. But without this startup's technology, Nvidia's groundbreaking AI chips simply wouldn't be possible. It's still flying under the radar. That could change very soon with a major announcement on the horizon.

Three groups are suing New Jersey to block an offshore wind farm

LONG BEACH TOWNSHIP, N.J. (AP) — Three anti-wind power groups are suing New Jersey to overturn a key environmental approval for a wind energy farm planned off the coast of Long Beach Island.

Nvidia CEO Says It Will Spark "the Next Revolution" Beyond AI - Ad

Declares this radical biotechnology "is going to be flat out one of the biggest [tech revolutions] ever." And this $10 stock is at the center of all.

I-95 overpass in Connecticut scorched during a fuel truck inferno has been demolished

NORWALK, Conn. (AP) — A bridge damaged in a fiery crash that kept Interstate 95 in Connecticut has been demolished.

Fraudsters target small businesses with scams. Here are some to watch out for

NEW YORK (AP) — It's never fun to be scammed, but if you're a small business owner then falling for a scam can have long-lasting effects on a business, damaging client relationships and profit.

Central Banks Buying Gold in Record Numbers - Ad

Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can... Stacking it in their locked vaults on pallets in record numbers. Find out why right here (and see what you can do to get in too with just a few dollars).

The SEC charges Trump Media's newly hired auditing firm with 'massive fraud'

SAN FRANCISCO (AP) — The Securities and Exchange Commission on Friday charged an auditing firm hired by Trump Media and Technology Group just 37 days ago with “massive fraud” — though not for any work it performed for former President Donald Trump’s media company.

America Has New Type of Money, Making Some Rich...Should You Get It? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

Once Vehicles For Republican Presidents To Connect With Southern Whites, Motor Sports Are Shifting Away From Trump

The fading sway of Trump in motor sports suggests the breakup of the conservative-racing connection, as shown by recent developments at the Miami Grand Prix.

Why Hims & Hers Health Stock Is Rising Today

After the market close on Monday, Hims & Hers Health reported strong first-quarter results that included revenue of $278.2 million, representing a 46% increase from $190.8 million in the first quarter of 2023. The number beat analyst estimates of $270.382 million.

Could Elon's New Device be Bigger than the iPhone? - Ad

According to 30-year Silicon Valley and Wall Street veteran, Eric Fry... A man who picked 41 plays that jumped 1,000%+... This mind-blowing new technology could be bigger than the iPhone. And it could make a lot of people wealthy in the coming months and years.

Supreme Court rejects Musk appeal over tweets that must be approved by Tesla

WASHINGTON (AP) — The Supreme Court on Monday rejected an appeal from over a settlement with securities regulators that requires him to get approval in advance of some tweets that relate to Tesla, the electric vehicle company he leads.

The No. 1 Crypto for 2024 - Ad

It's expected to soar 20X bigger than Bitcoin.

Stocks Rally As Jobs Report Rekindles Rate Cut Hopes, Apple Rockets, Bitcoin Soars Above $61,000: What's Driving Markets Friday?

A weaker-than-expected jobs report sparked a widespread market rally in the last session of the week, as traders increased expectations on potential interest rate cuts later this year.

Turkey halts all trade with Israel over military actions in Gaza

ANKARA, Turkey (AP) — Turkey on Thursday suspended all imports and exports to Israel citing the country's and vowed to continue to impose other measures until the Israeli government allows the flow of humanitarian aid to the region.

Nvidia's Secret Partner... This Is the New AI Chip Powerhouse - Ad

One unknown AI startup could match or even exceed AI's biggest runs in the coming years. Why? Because its technology solves the biggest problem holding back AI. It's a critical component that the industry can't advance without. This company just went public, so right now, it's under the radar.

Macron sets Ukraine as top priority as China's Xi Jinping pays a state visit to France

PARIS (AP) — French President Emmanuel Macron will seek to press China's Xi Jinping to use his influence to move Russia toward ending the war in Ukraine during a two-day . Both leaders were also expected to discuss trade disputes over electric cars, cognac and cosmetics.

Toyota Goes All In On Hydrogen As California R&D Office Transforms Into H2HQ

Toyota's move to establish the H2HQ in California aligns with its attempts at bringing all hydrogen-related work under one roof in other geographies.

Earn Instant Cash Flow (using THIS tactic) - Ad

Can you imagine earning $1,118,721/hr? That's what greedy Wall Street elites have been pocketing for 22 straight years. And now it's available to you.

Shopify Prepares To Report Q1 Earnings: Charts Indicate Bullish Reversal, Analysts Predict Downside

Shopify (SHOP) will report Q1 earnings on Wednesday. Technical indicators suggest a bullish trend, while analysts foresee a downside potential of -17.70%.

Deepfake of principal's voice is the latest case of AI being used for harm

The most recent criminal case involving artificial intelligence , where police say a principal was framed as racist by a fake recording of his voice.

AI & Crypto in One $11 Investment - Ad

Right now, you can harness the power of two bull markets... Artificial intelligence and cryptos...In one simple $11 investment.

Microsoft's Satya Nadella To Employees: 'Prioritize Security Above New Features'

CEO Satya Nadella drives Microsoft's security overhaul in response to recent cyber threats, prioritizing protection post-breaches.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright traderelite.club
Privacy Policy | Terms of Service