Is recycling a waste? Here’s the answer from a plastics expert before you ditch the effort

Is recycling a waste? Here’s the answer from a plastics expert before you ditch the effort

Recycling may make you feel better in a very small way about your role in helping to avert a global apocalypse, but even in "friendly" places, from John Oliver to NPR podcasts, recycling, especially of plastics, is being given a hard look. More people are wondering: Does it work? The debate is not new. For years the economics of plastic recycling have been questioned. But the problem is not going away. The globe is already producing two trillion tons of solid waste a year and is on pace to add more than a trillion more on an annual basis in the coming decades, according to World Bank data. A recent study found that the 20 top petrochemical companies in the world, among the group Exxon Mobil and Dow, are responsible for 55% of the world's single-use plastic waste, and in the U.S., specifically, we are a year, per person. The Covid pandemic has heightened attention to the issue, as use of disposable goods went up anywhere from 30% to 50%, according to Tom Szaky, CEO of recycling companies Terracycle and Loop, who joined CNBC's Leslie Picker on a recent Livestream about sustainability and business. He says concerns about the macroeconomics