How plastics have change the world both economically and socially
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Global change is needed to avert disaster, says the Ellen MacArthur Foundation
Today nearly everyone, everywhere, every day, comes into contact with plastics. They have become the workhorse material of the modern world, combining unrivalled functionality with low cost. And yet, while providing numerous benefits, the current plastics economy has drawbacks that are becoming more apparent by the day.
Almost all plastic packaging is used only once, and 95% of the $80–120 billion (£56–84 billion) worth of materials used to produce it is lost to the global economy every year. Furthermore, a large and fast-growing volume of plastics escapes into the oceans .
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