Day 633: April 3rd, 2021. Carbon credits have helped get many companies to 'carbon-neutral' status, but they are viewed as a cop-out by many conservationists. It's easier for large companies to pay to become sustainable, without the need to make lasting changes in the way the business runs.
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But now, companies can do something similar with 'plastic credits'. For X amount, companies can buy credits that fund plastic removal from the ocean or other ecosystem by a third party. The credits could open the door as a way to fund pollution reduction projects around the world that don't have the infrastructure they need, but it could also become a non-solution. If a large company buys 1,000 plastic bottles-worth of plastic credits, but then produces 1,000 plastic bottles, they are technically plastic-neutral. Carbon credits became standardized with the 1997 Kyoto Protocol, but plastic credits are somewhat of a 'Wild West' scenario. Hopefully as more companies move towards this type of solution, it will become standardized - but more importantly, hopefully companies will instead look towards reducing their plastic waste.
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Read more about plastic credits: https://www.fastcompany.com/90613763/plastic-credits-are-the-newest-kind-of-pollution-offset-but-do-they-make-a-difference?utm_source=IP%20Warming%20List%20G%20%7C%20Engaged%2090D&utm_medium=email&utm_campaign=Sustainability%20Saturday%20%23147%20V2%20%28Wjrbz7%29&_ke=eyJrbF9jb21wYW55X2lkIjogInJRbURnVCIsICJrbF9lbWFpbCI6ICJhc2hmbG9yZXJAZ21haWwuY29tIn0%3D
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