The plastic industry thinks chemical recycling can help solve our plastic problems, but others disagree

  • 📰 CNBC
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Plastics recycling is failing, and the industry is betting big on a technology called chemical recycling to try and save it. So can chemical recycling help our plastic problem? Watch the full video here:

, only 14-18% of that is recycled. And now that China has stopped importing the world's plastic waste, we're being forced to deal with it domestically.

The problem is, most plastics just aren't recyclable. And even those that are degrade in quality each time they're remade, meaning they'll eventually end up in a landfill too. Many environmentalists say this means we need to stop plastics production at the source, and support bans or taxes on single-use plastics.

But plastic industry groups are betting big on a technology known as chemical recycling, which is supposed to break down any type of plastic into its raw components, and convert it into either fuel or plastic that's as good a new. A number of companies like Brightmark, Plastic Energy, and Agilyx now say they're ready to deploy this technology on a larger scale than ever before. But skepticism abounds, as environmental groups express doubt about the tech's economic feasibility, capacity to further scale up, and carbon footprint.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

😮

neguinha burra, como essa gente pode jogar videogame e ficar falando merda na internet ao mesmo tempo?

Chemical recycling is definitely the pathway to go, imo. it's basically a giant pressure cooker of trash back into useful items. The idea of adding a virgin plastic tax is a bad idea. Better off making a tariff on plastics. allows an internal recycle industry to flourish.

How did you all miss Aduro Clean Technologies? Their water-based chemical recycling process handles 4 types of plastic, is economical, modular and efficient. $ACTHF is valued under 45M. The most capable of all chemical plastic recyclers so far.

Another scam, just re-think packaging, how about bio degradable packaging. Come on people open Your eyes, corporate America just wants another business model.

Too expensive process. People rather landfill then put to turn it into a fuel.

Changing the name changes the outcome. Sammy Cash was used in a presidential election and Joe Biden is no longer. Let's start the accountability of the DNC scammers Chuck, Nancy, Nadler just point out a few. J6th committee all a scam Sammy Cash

thedave2006 Check out AduroCleanTech

Most people throw their plastic bottle on the ground. They just do not care.

Recoup the energy by burning it. A lot of petroleum locked up inside.

Good grief. Just burn it like tires.

Paper or Plastic? “Save the planet “ circa 1985? Fast forward, rain forest NOT depleted BUT dangerous forever chemicals! Ya! Now what’s this about EVs VS. ICE?

Take advantage of the plastic must be changed to containment, non-reproduction, to building materials or clothing, or Is it an auto part? You need to reduce the amount and deal with it save tim

Plastic recycling was always a lie. It was marketing to convince you it was okay to be slovenly. “Plastics don’t need to fill up our landfills & oceans! We can reuse them!” Except there usu has a variety… it’s impossible to sort them… they knew this. They lied.

$PL - Planet Labs $RDW - Redwire Space - I Bonds paying 7.12% Don't forget to fund your IRA. ' HAPPY NEW YEAR '

or we could just stop making plastic products

Bolsonaro is lying to the world. Do not put your Money in Brasil.

👏👏 very good

A time will come when justice and equality will prevail , there will be no sects in Islam, and Muslims will celebrate Eid on the same day across the world. This any many other blessings have been shown to Muhammad Qasim in dreams. Learn more at

energy from waste can help.

Bitcoin I’m doing $1,000 Challenge To $10,000 target In the next 1 week. We will work on Binancefuture & Coin-Pumps 30%+ daily earnings, Started 1 Weeks Ago, Already At $3,000 📲Who Wants To Join Us Can Contact Me, For More Info

Može zamjena plastike s osobnim staklenim bocama... OBITELJSKE BOCE

The best responses we individually can make to the plastic problem are: 1. Buy less disposable plastic in the first place. 2. Recycle the plastic you do buy by reusing it in your own life. So much of the plastic that gets thrown away could have been reused by its owner.

thanks

can u throw it in the volcano or something put it back where it came from? reset the cycle altogether?

Learn to Trade Index Options INTRADAY with PRICE ACTION | Option Trading SECRETS | Trade With LOGIC

LOVE EACHOTHER! SHARE THE LOVE!

How about reducing first? Our plasticpollution problem would be far easier to handle if we did not have so much plasticwaste to begin with. plastic plastics plasticban

good

SAFEMOON

Check out CoroWare They can solve it.

CoroWare could be the answer to this. Decomposing plastic waste to generate both Hydrogen and Carbon Nanotubes. A good slogan for them would be “A clean today. A cleaner tomorrow.” This doc includes their plan of operation. $COWI

LeoDiCaprio TheEllenShow This is where we r as a planet. India and Asia dont even have a recycling program. waxed paper bags were used before plastic.

waxed paper- dog poop pick up

Maybe, if it turns profitable. Better option: trash the plastic. Bonus outcome of landfilling plastic? Less likely to end up in the ocean than if sent thru the recycling supply chain

The best choice I've made this year was investing in cryptocurrency and forex trading and earning from home. With the help of TonishKevin I've been earning R25k weekly I've never regretted this decision. 🙏

quit making plastic duh!!!!!! but money seems to be more important

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Bowser_51 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success

We need plastic recycling to go really big… this is a revolutionary technology and would be absolutely a save earth initiative ClimateAction SaveEarth

가장 큰 징역은 죄에 매이는 것입니다 RedemptiveBlood

Thanks for the video. Most plastic bottles in everyday life can be reused. Likewise for plastic utensils, heavy duty cups, plates, etc. Spreading this idea requires a cultural shift. People need to stop smugly thinking of recycling bins as the answer to our plastic problem.

What about the environment Chemicals Doesn’t sound Liberal CNBC to me what about the green deal and the environment.

I do not think plastic could be replaced, unless something economical and durable as plastic, is invented. I think that could take at least 200 years from lab to the consumer. I think scientists should work faster than that to come up with the right solution.

四川省攀枝花市72岁老太去单位信访惨被打虐(2016年5月10日),警方居然判定'摔伤'且处罚两替死鬼共200元;家人依法维权又被打、非拘、软禁、全家威胁!公正律法尚存? 向各部门实名检举却被踢皮球,请您关注帮助转发,诚请媒体做事实报道,谢谢您!寻公平正义~ 详细事件:

So basically::: chemical warfare on top of all the destruction, exploitation, abuse, neglect, etc that our parasitic species does to this planet... Maybe stop letting money/greed run rampant because, duh.

Headline writer, it 'to try TO save it.' [Emphasis added] To ' try and save' is to do two things.

nice

Invent a plastic eating bacteria/virus and spread it widely. That will heal the plant in few months.

Plastic is the future

Chemical recycling is basically a pressure cooker to reduce wastes to base elements, would love to see it implemented My county only recycles milk jugs, no other plastics, it's terrible

per usual John Oliver does a good piece

$DNMR danimersci

We must do something. We must keep it out of our oceans. God Bless! 🙏❤️

nice

Add silicon

Tell us more about those NakedShorts associated with AMC stock

Remember when stupid Leftists promoted plastic so we could 'save the trees?' SURELY, they're right this time, right?

Failed. It failed. It’s not failing. It failed. Just like the loser ass boomer generation. Eat my NakedShorts

Posting shit from 2020 huh? I told you we gonna olay this game all night long NakedShorts SEC_Enforcement

Plastic recycling may be failing but money if falling in AMC Ape pocket cause of NakedShorts

Isn’t chemical recycling technology? So is that a scripted hint?

Coke has a lot of energy for feel good causes...maybe they could play a constructive role dealing with all the liter their products leave behind.

Still getting used to living in a sci-fi world... 😬

UnniKl I'm certain you will find this Article and the Comments informative and interesting. There is no doubt plastics in the Oceans are an existential threat to Sealife... Fish, Mammals, Birds. We must keep/get plastics out of the Planet's water.

kkemperwb The Images in my comments, from Google results, should motivate and compel EVERY Human on this planet. This is ANOTHER 'Native American with tears' moment.

kkemperwb Thailand: I'm certain they would love to KEEP/GET the plastic out of the Gulf of Thailand and turn it into diesel or bunker fuel...or landfill. Right now it's trashing the beaches of the resorts on islands in the Gulf. Government and Tourism Industry should support.

kkemperwb You may find this interesting. Also, if you look at my comments on this I think it is clear that the Top Priority about plastics is to keep them out of waterways/oceans, at all costs. Landfilling or even turning into fuel is preferable than loose in the environment.

SMALL and MICRO PIECES

Israel uses internationally banned white phosphorous against Gaza children. Please share the photo to stop this crime immediately. Please help us 🙏 GazaUnderAttack 💔😢🇵🇸✅

Check out AduroCleanTech $ACT

Give it a try, something's better than nothing! ❤🌎❤

FreePalestine PalestinianLivesMatter PalestineWillBeFree SaveSheikhJarrah GazzaUnderAttack

No. But we can ChooseGlass

Protect the oceans! Thread:

Human made mess, Humans needs to solve the issue. God uses biodegradable materials only. 😊

gee, and we switched from paper to solve? what?

Look at this, a part of a solution

Clean your shit and don’t ship to other countries

Do you think this is what people really need right now?

Seeing “use less plastic “ accompanied by pictures of glass is depressing- glass is wayyyy worse for the environment bc of the fuel required to move all that weight. (Aluminum is too, bc of the electricity intensity of manufacture)

Watch Seaspiracy on Netflix and see where all the plastics in our oceans are really coming from.

It's boring to sit at home alone, looking for someone to spend time with

Tax single use plastics to even out the economics

I remember as a child we had to sort our newspaper (well that is less presently), plastics, and cardboard… now we toss everything into one bin.

Can we just switch to bio plastic? Are we there yet technologically?

Reminds me of the fable where a more vicious animal is sent after a pest...

Nonsense! Why I remember in the 1980's when paper bags were environmentally bad and plastic bags were more earth friendly. At least that's what we were told then......

When i lost my job i thought i've lost it all, with the cash of £2000 i invested in bitcoin with TerryCooleyon1 turned into £12000 in a week of investment. He may not know it but he really saved my life TerryCooleyon1

Battery problem is the NEXT

CBCSportsPod

Bong

Bing

Never shall I ever

の上いいホセイ

Hemp is actually an amazing alternative for a lot of plastics. It's easy to grow (so super renewable), inexpensive and biodegradable.

stop using plastic as much as possible

Need to take the largest consumers of raw material and invest in incorporation like asphalt, concrete, roofing and timber products.

Maybe start building plastic space stations, they will be lighter

Can we just ban plastic already. Everything should be bottled and packaged in biodegradable material at this point

Hopefully plastic recycling can be successful if real solid solution is found.

Babies today are born with plastic chemicals in their blood. Every fish in the ocean has mercury in it I need plastic there’s a giant plastic sewer deposit swirling in the middle of the Pacific Ocean so why worry about it

Greenies need to understand that Utopia is a long way off. We will continue to use plastic and we will continue to use fossil fuels. Whether the chemical recycling makes plastic or fuel, it doesn’t matter. Do it.

Oh man...if there's one issue that leaves me completely exasperated its this. Recycle4Nature GetElonOnThis

White trash invented white trash

I STILL MANAGE TO SMILE

It's too late. We are all ready eating plastic.

Germany has invented a system for converting plastic into oil, but is it applicable? I have no idea

Just stop drinking plastic bottles and use paper bags at the grocery

⬇️⬇️⬇️

uck plastics. It’s the commercial fishing fleets that we need to focus on! Seaspiracy sustainability supplychain

Interview Joe biden

Tax plastic and build recycling facilities around the globe

retweet

Must be shown to everyone for awareness and action.

“Plastics recycling is failing” Correction: The_RGA are failing at plastic recycling. GOP governors are in league with the petroleum industry are some of the most corrupt, bought politicians.

Time to go back to re-use member when you used to bring your beer and pop bottles back?

HE JUST DNT BE STUDYING U FOLKS. HOWEVER, TODAY HE FEEL LIKE STUDYING YOU FOLKS. (STUDYING) AKA PAYING MIND TO YOU FOLKS

Yet again. $CWSFF

$AACQ Origin Materials will make the failed plastics recycling obsolete. A newer, better $DNMR. $DNMR's TAM = $5B. $AACQ's TAM = $1T Origin Materials: Shifting Gears To Net Zero

Is it possible to find a good guy on Twitter?

We offer a very safe investment proposal where you can earn 25 to 85% ROI profit weekly kindly send a dm for more info. Interested people only

Just change the plastic to hemp plastic. Wow that was easy..

Does that mean I can fly a jet less expensive than driving a car? Competition of patent on ideas for plastic useornonuse.

F.y.I. there are instruction phamplets the county sends to each trash customer every year. It explains efficient trash and recycle and yard debris for proper disposal.

I noticed years ago that those tricky trash compactors weren't effective. So in that we must have had a lot of conversation starters there. Plus in that day watching star trek on t.v. huh. Hoping that someday 1 or the other worked better.

Please donate, share or retweet, help baby Joshua win his fight against acute lymphocytic leukemia (ALL)—blood cancer. He’s relying on the success of chemotherapy & a life-saving stem cell transplant. Please help to give Joshua a fighting chance:

thanks

pricatti arqlite cerramos 2020 procesando 270 tonelas de plásticos de un solo uso. Evitamos que lleguen a rellenos sanitarios.

Weak reporting when you don’t mention Bio poly like $DNMR who’s has the worlds only bio poly that is marine approved and will break into nothing in land and ocean. No recycling. Just poof it’s gone.

Doesn't really fucking matter when India and China are just Dumping it into the ocean on a regular daily basis

Please donate, share or retweet, help baby Joshua win his fight against acute lymphocytic leukemia (ALL)—blood cancer. He’s relying on the success of chemotherapy & a life-saving stem cell transplant. Please help to give Joshua a fighting chance:

What's wrong with stuffing a hole and burying it?

So maybe recycling isn’t the only solution to the waste problem? Maybe if people could re-use more of their items rather than buying another one or possibly even recycling.

wow

KennethHowardC3 I mean here is an idea. How about we stop making more plastic?

CWSFF (Cielo Waste Solution Corp) can recycle everything except dirt, glass and metal into renewable fuel. Just need a little bit of support.

Trex would disagree.

_haye_ Recycling again lah

Danimer has a patented ingredient to make plastics biodegradeable.

We need a world wide ban on plastic bottles and food shelters.

I am looking for new, good friends

Recycle, reuse and remake into something different originally.

This would mean that we are still a throw-away culture and all the emissions that come with continuing to produce plastics. And what about the 8M tons of plastics that end up in the ocean every year? We should reduce plastic use

I believe that the only way is to hit governments and people where it hurts the most (Their pockets) an international coalition must demand for the globe to recycle. Not doing so you paid. To continue the effort. In very corner of the globe recycle bins need to be put in place.

🤷‍♂️

More good news please(((

Why? Update your legacy waste management system. Solution: Ideonella sakaiensis is a bacterium from genus Ideonella & family Comamonadaceae capable of breaking down & consuming the plastic polyethylene terephthalate (PET) as a sole carbon and energy source

The problem is people trow out plastics any place.

Again CWSFF Cielo Waste Solution Corp can help! 😏

Aren't chemical companies responsible for the mess in the first place

DNMR . Biodegradeable plastic.

Maybe pass a law that only one size water bottles, perhaps one liter size or 5 gl. Make it mandatory to use your own refillable jugs with more sites to dispense water.

It'll be a step in the right direction. Along with using other materials other than petroleum by-products to make plastic such as hemp plastic which would be biodegradable

Horrible 😮

Plastic recycling... It was always an ad campaign. Never a useable technology. Paid for by the petroleum companies... to make us feel better about the waste...

Ug. Reducing plastic consumption is not ‘up for debate’ CNBC you plastic shills.

Love the real time data shared about this modern day “crisis”. Lol

Welcome to the community, new Bitcoiners. Make sure you follow lisaMakT She understand Bitcoin and have an unflinching optimism about it. She is for transparency and trust 💯 “Everything is good for Bitcoin.”

you should interview CieloCorp they have the solution for this . They turn basically all sorts of plastic (and other types of waste ) into renewable fuel

$CWSFF Cielo Waste Solution Corp can help!

I'm pondering how to chemical desynthesize the plastics to just chemicals or other in mind

Or we could just use our landfills. They have plenty of space. (Even you NE people have landfills with hundreds of years of space.)

Some see the future in plastic and petrochemicals. 👇

shut down dollar stores. their 1 time use products all come from china and its shit that people dont need. Just pay more for something that will last longer

Terrific work

We should go back to paper,glass and metal containers. Screw plastic.

Tell Biden to put another 10% trillion on it

$BIOAQ Bio Amber BioAmber PwC

I'm old enough to remember when paper bags were bad for the environment and we were told plastic bags were the way to go

This is the reason why i threw some $$$ on $CWSFF Cielo Waste Solution Corp. Hoping they become successful and be one of the solution.

US military told me if I blow job their officers, they will give me a job at NASA. Lol. That’s nice 🤣🤣🤣

How are things with the capitol now?

Dear wallstreetbets -Banks, brokers, hedgefunds are short puts. Sell your Apple, Amazon, Microsoft, Facebook in profits + buy PUTS with fraction of the money. Take out all the crooks at once! Pelosi+Powell as well as GS, JPM,Vanguard. Do not sell Calls. Buy Puts+Sell FAANG

COVID is a hard lesson, what is your take away?

And what damage will the chemical do? Surely we need to change at source, not once the damage is done?

We need to stop forcing Americans to separate and then pay for recycling then. Ya think? Then, stop having stores charge us these CRV fees. This system has failed.

They thought tesla was dumb also yet here we are. Industries dont like change as it makes them get off their asses and do somthing rather than say this is how its always been and it works most of the time.

Plastavfall utgjør potensielt grunnlag for en betydelig drivstoffproduksjon, som dessverre ikke er noe videre populært blant politikere som heller ønsker drivstoff i form av batterier, på basis av storstilt jakt på mineraler, med tilhørende natur og miljøødeleggende gruvedrift .

Good to know. Now I’ll stop wasting my time recycling plastic and just throw it away in the garbage.

Plastic “recycling” was a scam cooked up by oil companies in the 70’s as a means to keep plastic from being banned outright as well as a way to sell more plastic. Recycled plastic needs virgin plastic to be useful again. It’s a feedback loop.

America has nothing under control, rulership belongs to Jesus and Jesus alone

Man bør snarets mulig bygge anlegg for å omgjøre plastavfall til drivstoff, som kan nyttiggjøres så lenge det finnes konvensjonelle kjøretøy og farkoster som kan benytte det. Av olje er den kommet, og til olje kan den igjen bli.

Jane Fonda called the COVID-19 pandemic 'God's gift to the Left.' that tells the opportunism of the Democratic Party. Do they care about the 200K+ Americans, or do they consider these unfortunate victims to be props to use in the anti-Trump drama they subject us to day after day?

It’s failing because of costs.

I has been proven time and again that we, the people, cannot do a goddam thing about this, or the other failings that our controlled by our rulers. We can only survive the consequences. Or not.

Petroleum industry knew plastics recycling would not work. The ad campaign was ALWAYS pure propaganda. Wanted the public to feel comfortable using plastic... “hey it’s green! It’s recyclable! “

Plastics recycling is failing. That explains why still so many people voted for realDonaldTrump

good luck

Jane Fonda called the COVID-19 pandemic 'God's gift to the Left.' that tells the opportunism of the Democratic Party. Do they care about the 200K+ Americans, or do they consider these unfortunate victims to be props to use in the anti-Trump drama they subject us to day after day?

good

It was going just fine if the municipal and private contracts could be reinstated to get it to China on relatively empty freighters and let them process it and deal with it.

It's full of oil it must be burnt in power plant that captures any chemicals produced

$aqms for that battery recycling

Hello, do you need any kinds of logo design for represent your brand? Please visit this link and Fulfill your requirements- I can make any kinds of (Logo, Business card, Flyer, Banner, poster) etc. graphicdesign logodesign businesscarddesign stationary

If Humanity Saves Nature, Nature Will Save Humanity. *At the end, Nature always wins* - Antonio Saillant The Saillant Company ‘The New Dawn of Sustainability’ saillantco AntonioSaillant

All I know is that we were told we can recycle all plastic back in the day. Now? Hmmmm we got problems.... Now not all are recyclable.... And the stuff that is, ain't being recycled...

Dear GOD/JESUS/ALLAH/SHIV/VISHNU/Jade Emperor/ Ahura Mazda/Kami/Yahweh/Odin/Zeus/Perun/Buddha/etc., I'm still waiting for your 100% blessings.😭😭 Current 50% is not working for me to complete your nearly impossible task of making your planet happy, healthy & peaceful ASAP

Dear GOD/JESUS/ALLAH/SHIV/VISHNU/Jade Emperor/ Ahura Mazda/Kami/Yahweh/Odin/Zeus/Nanak/ Buddha/etc., I'm still waiting for your 100% blessings.😭😭 Current 50% is not working for me to complete your nearly impossible task of making your planet happy, healthy & peaceful ASAP

Dear GOD/JESUS/ALLAH/SHIV/VISHNU/Jade Emperor/ Ahura Mazda/Kami/Odin/Zeus/Perun/Nanak/ Buddha/etc., I'm still waiting for your 100% blessings.😭😭 Current 50% is not working for me to complete your nearly impossible task of making your planet happy, healthy & peaceful ASAP

Dear GOD/JESUS/ALLAH/SHIV/VISHNU/Jade Emperor/ Ahura Mazda/Kami/Yahweh/Odin/Zeus/Perun/Nanak/ Buddha/etc., I'm still waiting for your 100% blessings.😭😭 Current 50% is not working for me to complete your nearly impossible task of making your planet happy, healthy & peaceful ASAP

Is this India or China which they don’t care about this? And dump it in the oceans. Yet rely on the US to spend billions on this?

horrible

Wonderful report, according to a Greenpeace report Deception by Numbers “ no plastic-to-plastic projects on the ACC [project] list are likely to actually recycle plastic” therefore calling “chemical recycling” recycling is a greenwashing lie

Well done report. Need all solutions, use much less plastic and recycle what can’t be avoided. Also, use the fuel value in clean Energy from Waste as is done in Europe and Japan.

I have NO FAITH in humans!...ZERO.

Plastic kills oceans . We should not produce more and keep recycling. Here in the USA not all states recycle properly.

It was DESIGNED to fail.

Great story

plasticfree Amazing that the 5th largest economy in the world has streets that look like 3rd-world dumps. Garcetti the great environmentalist, along with 'progressive' liberal Democrats, sure know how to keep our streets safe and clean.

SPAZZATURA SI CHIAMA IN ITALIA E VOLGARMENTE MUNDIZZA NELLA MIA ZONA LECCE/REGIONE PUGLIA/PROVINCIA DI LECCE (COSI' LA REPUBBLICA ITALIANA DA ANNI GARANTISCE I MIEI DATI PERSONALI E PARENTALI TUTTI) E NON SOLTANTO.

Companies that do this? jimcramer

Let our grandkids take care of that problem, I need stocks to go up now money money money money money.

No, but I’m sure it can get lots of government grants

We're always so sure how to choose the wrong direction and solution.⛔And still with lots of right justifications.Nothing could compete with our natural instinct to shut👁️👂👃.It's exactly as a fish who just can't realize that the only element to keep itself alive is the water.🏞️

isagolda

Or leftists could just stop injecting govt into the economy, so that companies could actually make long-term plans (instead of always knowing that everything can change, at any moment, bc of political whim). Its not an accident that milk men existed in a more laissez-faire era

SIMPLE SOLUTION... Raise the price by a nickel, return, and get a nickel back... Old school deposit cnbc FoxNews business cnn

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines