Plastic far from fantastic for our waterways

Posted on April 11, 2016 by DrRossH in Plastic Waste News

THE world’s oceans will contain more plastics than fish by 2050 as plastic, mostly packaging, enters the seas at the rate of a garbage truckload a minute, a report has warned.

via Plastic far from fantastic for our waterways.

 

Apart from the enormous environmental impact, plastic waste is a huge cost to the global economy, with the WEF finding 95 per cent of the value of plastic packaging is lost after one short use and materials worth $80 billion to $120 billion are lost to the economy each year.

 

“A staggering 32 per cent of plastic packaging escapes ­collection systems, generating significant economic costs by reducing the productivity of vital natural systems such as the ocean and clogging urban infrastructure,” the report says.

 

It also warns that the costs of these after-use impacts plus greenhouse gas emissions add up to $40 billion a year.

This is the part that many do not understand or want to admit.   The cost of these lost resources is massive.  The materials need to be reused as much as the material properties allow before the are scrapped.  Not just scrapped as it is easier to make a new one from virgin materials.  This could save countries billions on their import costs and create many local jobs to process it all.  Economies of scale would apply once the systems were set up to handle high volumes.