· The benefits of such a shift in terms of plastic pollution avoided. Only 2% of new plastic is produced from recycled plastic waste. _____________________________1 https://scitechdaily.com/global-plastic-pollution-may-be-nearing-an-irreversible-tipping-point2 https://scitechdaily.com/earths-safe-planetary-boundary-for-pollutants-including-plastics-exceeded3 https://wwf.panda.org/wwf_news/?3507866/These-costs-for-plastic-produced-in-2040-will-rise-to-US71-trillion-unless-urgent-action-is-taken2023 Proxy Memo Westlake Corp. | Shareholder Proposal on Single-Use PlasticsIn 2021, the world generated 139 million metric tons of single-use plastic waste, 6 million more than in 2019. The Pew Scenario leverages multiple solutions, including increased recycling and product substitution and a one-third absolute demand reduction, mostly of virgin single-use plastics. The OECD has begun calls for restraints on demand and NAS has suggested a national cap on virgin plastic production.

Source: Washington Post April 20, 2023 14:49 UTC