Plastic Soup Foundation
  • The issue
      • Plastic Soup
      • What is plastic?
      • Plastic in the environment
      • Harm to animals
      • Health effects
      • Regulations
      • Bogus solutions
      • Responsibilities
      • Sustainable development
      • Facts & Figures
  • What we do
      • Health
      • Microplastics
      • Education
      • Plastic Waste
  • What you can do
      • As a consumer
      • As an organization
      • As a school
  • Solutions
  • News
  • Donate
  • EN
  • NL
  • Search
  • Menu Menu
You are here: News How realistic is the New Plastics Economy?

How realistic is the New Plastics Economy?

A new report on dealing with the plastic soup was presented at the World Economic Forum, where world leaders came together from 20 to 23 January 2016, in Davos. New Plastics Economy was produced by the Ellen MacArthur Foundation in collaboration with an impressive number of companies and institutes. The report highlights the gravity of plastic pollution – “in 2050 there will be more plastic than fish in the sea” – and notes that it is primarily plastic packaging that is the culprit.

The report’s premise is simple. Plastic has multiple advantages such as improved food safety and lower transport costs and is therefore indispensable. Of all the plastic packaging, 95% is lost to the economy after use. This represents a loss of 80 to 120 billion dollars. As much of that plastic ends up in the environment and has caused and continues to contribute to the plastic soup, this generates even more costs. The New Plastics Economy must stimulate change by viewing more plastics as a basic resource and keeping it in the economic system. The disposable economy needs to rapidly turn into the circular economy.

The proposed solution is not to dramatically reduce plastics, but to take a three pronged approach. One, processing facilities for plastic waste in the countries which contribute significantly to the plastic soup – primarily in Asia – need to be improved. Two, and of greater importance, the researchers propose to make plastic waste more economically attractive. And finally, three, the material itself needs to be improved. Plastics need to be developed which, once in the marine environment, cause less damage.

One fundamental problem of the proposed solution is that a higher economic value for plastic waste is unrealistic. Almost all plastic is made of fossil fuels and the current price of 30 dollars a barrel is a historic low. The continuously low oil price pushes the production costs of plastic down. The result is a spike in the production of plastic with even more uses found. The value of plastic waste will thus not increase, but actually decrease. Each product, for example, could be packaged three times in plastic without significant additional costs. Recycling companies around the world are going bankrupt.

What is most needed is to strongly restrict the unbridled production of single use plastic. By creating scarcity, you can increase the value of plastic waste. Unfortunately, the companies consulted in this report are unwilling to discuss production limitation. This is the simple reason that this option is not mentioned at all in this report.

Search

Categories

  • Beat the microbead (16)
  • Solutions (11)
  • Don't use balloons (3)
  • Gezondheidseffecten (56)
  • Animal cruelty (13)
  • Job openings (1)
  • Microbeads (27)
  • sponsoring campaign (1)
  • Ocean Clean Wash (12)
  • Sponsor actions (3)
  • Plastic Urban Mining (4)
  • About us (1)
  • My little plastic footprint (5)
  • Blogs (16)
  • Synthetic fibers (19)
  • Plastic Soup Awards (3)
  • actions frontpage (1)
  • Political plume (3)
  • Pressreleases (2)
  • nurdles (5)
  • Junior (1)
  • Microplastics in cosmetics (1)
  • News (526)
  • What can you do? (13)
  • No category (1)
  • Health Files (38)
  • Clean rivers (24)
  • Plastic soupermarket (2)
  • Trash hunters (49)
  • What is plastic soup? (12)
  • What to do with plastic waste? (12)
  • Types of plastic (3)
  • Press releases (16)

Subscribe to our newsletter

and stay informed about our activities!
  • This field is for validation purposes and should be left unchanged.

Donate now and contribute

I'll donate € 5I'll donate € 10I'll donate € 15Other amount

More news

A POISON LIKE NO OTHER

Onderzoeksjournalist Matt Simon windt er geen doekjes om. In zijn nieuwe boek stelt hij dat we met microplastics onze aarde én onszelf hebben vergiftigd.

Read more

Is sunlight causing the plastic soup to disappear?

Dutch researchers find a new explanation to the mystery of the disappeared plastic: sunlight clears away floating plastic.

Read more

Danone hauled up before the French court for excessive use of plastic

The multinational Danone has been charged in France for not having a plastic policy to prevent damage to the environment and health.

Read more

Research intern: Biodegradability of viscose

We are looking for a Campaigner for our (Plastic) Fashion campaign. You will strengthen the campaign team that works on the problems related to microplastics and what plastic is doing to our health.

Read more

About us

  • Frontrunners
  • Mission & Vision
  • Our People
  • Working with Us
  • Annual Reports
  • Inquiries Press
  • Newsletter

Our approach

  • Plastic Soup Angels
  • Funds & Partners
  • Ambassadors
  • Plastic Soup Awards
  • Plastic Soup Atlas
  • Facts & Figures
DONATE
  • Facebook

  • Twitter

  • Instagram

  • LinkedIn

  • YouTube

  • Contact

 
© Copyright - Plastic Soup Foundation
  • Contact
  • Privacy policy
  • GDPR Consent Settings
PSF celebrates its first lustrumEntomologist Bart Knols: “There is a clear link between waste, and indeed...
Scroll to top

GDPR settings

This website uses some cookies which are placed on your device. Your web browser stores these cookies when you visit our Website: www.plasticsoupfoundation.org. These cookies will be retrieved when you visit or use our Website again. This allows us to recognise you as a previous visitor/user.

x
Settings

Your privacy and this website...

This website uses some cookies which are placed on your device. Your web browser stores these cookies when you visit our Website: www.plasticsoupfoundation.org. These cookies will be retrieved when you visit or use our Website again. This allows us to recognise you as a previous visitor/user.

Functional technology enables a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in. No personalised information is collected.

See details

This consent is used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.

See details

This consent helps website owners to understand how visitors interact with websites by collecting and reporting.

See details
Forget my settings Settings have been forgotten