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MiniMax (00100.HK) extended its gains to 8%.March 9th - This morning, Liu Wei, Minister of Transport, stated at the second "Ministerial Corridor" session of the Fourth Session of the 14th National Peoples Congress that this year, in order to make travel more comfortable, efforts will be made to actively cultivate services such as senior citizen trains, direct shuttle buses to scenic spots, and domestic air express lines, and comprehensively improve the layout and construction of the small and micro passenger vehicle rental network.Traders said the Reserve Bank of India is likely to sell dollars to curb the rupees decline as soaring oil prices trigger market turmoil.On March 9th, the second "Ministerial Corridor" of the Fourth Session of the 14th National Peoples Congress was held at the Great Hall of the People, where Minister of Agriculture and Rural Affairs Han Jun was interviewed by reporters. Han Jun introduced that during the "14th Five-Year Plan" period, my countrys agricultural technology and equipment conditions have significantly improved, and agricultural modernization has reached a new level. The contribution rate of agricultural science and technology progress has exceeded 64%, the coverage rate of improved varieties has exceeded 96%, and the comprehensive mechanization rate of crop cultivation, planting, and harvesting has reached 76.7%, with major grain crops achieving full mechanization. The intelligent and digital transformation of agriculture is also accelerating, with various intelligent equipment playing a significant role in agricultural production. Last year, more than 300,000 drones were used in agriculture, the most in the world, serving 460 million mu of arable land. Currently, intelligent harvesting robots, intelligent irrigation robots, and AI laser weeding robots are also beginning to be used in agriculture.March 9th - On the morning of March 9th, Liu Wei, Minister of Transport, stated at the second "Ministerial Corridor" session of the Fourth Session of the 14th National Peoples Congress that during the "15th Five-Year Plan" period, the Ministry of Transport will continue to prioritize the high-quality development of "four-good" rural roads as a major task, pay more attention to the maintenance and operation of rural roads, and vigorously promote the integrated development of rural passenger, freight, and postal services.

Plastic Consumption Is Projected to Nearly Double by 2050, According to Studies

Haiden Holmes

Feb 27, 2023 14:08

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According to research published on Monday, plastic consumption in G20 nations is on track to nearly double by the middle of the 21st century unless a comprehensive and legally binding global treaty to reduce consumption is drafted.


According to Back to Blue, a research group operated by the Economist Impact think-tank and the Nippon Foundation, existing initiatives to increase recycling or reduce single-use plastic consumption have "barely scratched the surface" and a more comprehensive global plan is required.


In Uruguay, the United Nations began negotiations on an agreement to combat plastic pollution in November, with the goal of drafting a legally binding treaty by the end of the following year. 175 countries have joined up for the negotiations.


Nonetheless, if negotiations fail, annual plastic production in G20 nations could reach 451 million tonnes by 2050 based on current development rates, according to Back to Blue - an increase of nearly 75 percent from 2019.


The research group stated, "There should be no illusions that the treaty negotiations will be anything but difficult and treacherous." "The likelihood of failure is high, both in terms of no treaty emerging and a treaty that is insufficient to reverse the plastic tide."


It called for a stricter ban on single-use plastic, as well as increased production taxes and mandatory programs to hold companies accountable for the entire lifecycle of their products, including recycling and disposal.


Back to Blue stated that the combined measures could limit annual consumption to 325 million tonnes by 2050, but that would still be a 25 percent increase from 2019 and the equivalent of 238 million garbage vehicles.


Brazil, the United States, Indonesia, and Turkey are among the G20 countries that have yet to introduce national prohibitions on single-use plastic products, according to the report.