@article{bc7139bf673a4dbfba54878ff250df73,
title = "Reducing marine plastic pollution: Policy insights from economics",
abstract = "Marine plastic pollution is heavily driven by escaped plastic waste from land. Effectively reducing flows of plastic pollution into the oceans requires incentivizing efficient disposal decisions, discouraging production and consumption of products with low recyclability and reuse potential, and encouraging lower-impact, easily recyclable product and packaging designs. We examine the economic literature on waste management and integrated environmental policy to assess how particular policies target these individual pathways and can efficiently reduce flows of plastics into waterways. These policies include production/retail bans and standards, extended producer responsibility, price-based policies such as advance disposal fees and two-part instruments, and interventions grounded in behavioral economics and psychology. We also consider the applicability of these policies in coastal developing nations that often rely upon the informal sector for waste management services. We conclude by identifying important issues for future research.",
author = "Abbott, {Joshua K.} and Sumaila, {U. Rashid}",
note = "Funding Information: *School of Sustainability and Center for Environmental Economics and Sustainability Policy, Arizona State University, PO Box 875502, Tempe, AZ 85287-5502. Telephone: 480-965-5528; email: joshua.k.abbott@asu. edu. †Institute for the Oceans and Fisheries & the School of Public Policy and Global Studies, University of British Columbia, 2202 Main Mall, Vancouver, BC, V6T 1Z4. Telephone: 604-822-0224; email: r.sumaila@oceans. ubc.ca. This paper is based on presentations and discussions at a symposium on Marine Plastic Pollution in a Circular Perspective, held at the 6th World Congress of Environmental and Resource Economists, June 26, 2018, in Gothenburg, Sweden, with support from Region V€astra G{\"o}taland, the Volvo Foundation, Centre for Sea and Society University of Gothenburg, and the Swedish International Development Cooperation Agency (Sida). U.R.S. also wants to thank the Pew Charitable Trusts for support for his plastic pollution economics project. Publisher Copyright: {\textcopyright} 2019 The Author(s) 2019. Published by Oxford University Press on behalf of the Association of Environmental and Resource Economists. All rights reserved. For permissions, please email: journals.permissions@oup.com.",
year = "2019",
month = aug,
day = "1",
doi = "10.1093/reep/rez007",
language = "English (US)",
volume = "13",
pages = "327--336",
journal = "Review of Environmental Economics and Policy",
issn = "1750-6816",
publisher = "Oxford University Press",
number = "2",
}