Big Business Wants You To Think It’s Fixing The Plastic Crisis. Don’t Buy It.

IMPACT 12/21/2018 05:45 am ET Here’s what corporations don’t want you to know. By XiaoZhi Lim Some corporations will say just about anything to make you love them. Amid growing furor over plastic pollution in the oceans, the top producers of plastic waste have pledged to make more of their products recyclable. In a sense, these companies are fashioning themselves into warriors against the very problem they helped create. Their efforts might seem noble, but they’re mostly smoke and mirrors. Experts say the best way to tackle the world’s plastic problem is to cut way back on the creation of plastics. In reality, however, virgin plastic production is hardly slowing down. Quite the opposite. It’s booming. By one estimate, new plastic production is expected to increase by some 40 percent over the next decade. In the U.S., about $180 billion has been invested in new petrochemical plants for plastic manufacturing. A new report from the International Energy Agency, based in Paris, foresees rising demand for virgin plastics sustaining the global oil and gas sector to 2050, offsetting a projected slowdown in demand for transport fuels. Meanwhile, more than 4 million tons of plastic debris pour into marine ecosystems every year. It’s… Read full this story

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