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Sourcing the raw material of bank notes from Nepal? Seems a bit off from an environmental standpoint by hauling materials halfway across the globe from Himalaya. How about plastic notes? They are durable, recyclable, and because they are money, not likely to end up in our oceans as wastes.
> from an environmental standpoint From an environmental standpoint all banknotes should be shredded and burned and everyone should use contactless means of payment.
Sourcing the raw material of bank notes from Nepal? Seems a bit off from an environmental standpoint by hauling materials halfway across the globe from Himalaya. How about plastic notes? They are durable, recyclable, and because they are money, not likely to end up in our oceans as wastes.
It’s not halfway across the globe. Not even quarter way. Meanwhile, the US one dollar note is made with flax imported from Belgium (also not halfway across the globe, but farther away).
By the way, from Antwerp, Belgium to Boston, MA is 3607 nm, roughly 6680 km, much shorter actually.
- [0] http://ports.com/sea-route/#/?a=4063&b=4693&c=Port%20of%20Ko... - [1] http://ports.com/sea-route/#/?a=3042&b=682&c=Port%20of%20Ant...
Clarification - not one single shrub
And the people of Nepal supply the raw labor used by many of the Gulf states
https://en.wikipedia.org/wiki/Gurkha
I didn’t realise there were Ghurkas in the Indian army.
Sourcing the raw material of bank notes from Nepal? Seems a bit off from an environmental standpoint by hauling materials halfway across the globe from Himalaya. How about plastic notes? They are durable, recyclable, and because they are money, not likely to end up in our oceans as wastes.
It’s not halfway across the globe. Not even quarter way. Meanwhile, the US one dollar note is made with flax imported from Belgium (also not halfway across the globe, but farther away).
And while 100+ years ago it made sense from a logistics point of view - use hard to find materials to fight counterfeiting - I don't believe that's a valid argument anymore.
Sourcing the raw material of bank notes from Nepal? Seems a bit off from an environmental standpoint by hauling materials halfway across the globe from Himalaya. How about plastic notes? They are durable, recyclable, and because they are money, not likely to end up in our oceans as wastes.
Plastic doesn't seem like a good solution, considering that notes are moved, stretched, flexed a lot and endure a lot of friction. Seems like a needless source for more plastic particles shedding into the environment.
https://en.wikipedia.org/wiki/Polymer_banknote
Having handled a fair amount of US currency I can say it _feels_ disgusting to handle after a certain amount of wear and often reminds me of a moist tissue. It also doesn't help that visually the notes all look very similar (as opposed to on polymer notes which have significantly different appearances and colours)
Sourcing the raw material of bank notes from Nepal? Seems a bit off from an environmental standpoint by hauling materials halfway across the globe from Himalaya. How about plastic notes? They are durable, recyclable, and because they are money, not likely to end up in our oceans as wastes.
> from an environmental standpoint From an environmental standpoint all banknotes should be shredded and burned and everyone should use contactless means of payment.
Edit: While true that's maybe not a good argument. Financial processing hardly is the biggest culprit. The worst impact / benefit ratio are probably video and ad distribution.
However, if you think how much Chinese (and similar) goods a $20 or 50€ note buys during its lifetime the impact of shipping the banknote material seems negligible.
Sourcing the raw material of bank notes from Nepal? Seems a bit off from an environmental standpoint by hauling materials halfway across the globe from Himalaya. How about plastic notes? They are durable, recyclable, and because they are money, not likely to end up in our oceans as wastes.
> from an environmental standpoint From an environmental standpoint all banknotes should be shredded and burned and everyone should use contactless means of payment.
Earlier quoted context omitted.
Plastic doesn't seem like a good solution, considering that notes are moved, stretched, flexed a lot and endure a lot of friction. Seems like a needless source for more plastic particles shedding into the environment.
You might be surprised to learn that a lot of the world uses polymer banknotes which are siignificantly more durable and last a lot longer than traditional 'paper' based currencies. The are incredibly hard to tear/break and they do not wear out or stretch. We've been using these in Australia since 1996. https://en.wikipedia.org/wiki/Polymer_banknote Having handled a fair amount of US currency I can say it _feels_ dis…