The External Cost of Nurdles | tutor2u Economics

What is a nurdle? Anyone who has seen me bat can answer that question. However, apparently, it's also a small plastic pellet and one of the major sources of marine pollution.

The article notes that "campaigners estimate that up to 53 billion of the tiny pellets escape into the UK's environment each year." Which is a lot of nurdles, almost a lifetime's batting.

However, pressure from environmentalists has seen a number of companies pledge to reduce plastic use, with one of the most notable being Johnson and Johnson switching the stem of their cotton wool buds from plastic to paper.

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