rainpizza

joined 2 years ago
 

The energy giant Shell has quietly backed away from a pledge to rapidly increase its use of “advanced recycling”, a practice oil and petrochemical producers have promoted as a solution to the plastics pollution crisis.

“Advanced” or “chemical” recycling involves breaking down plastic polymers into tiny molecules that can be made into synthetic fuels or new plastics. The most common form, pyrolysis, does so using heat.

Shell has invested in pyrolysis since 2019, touting it as a way to slash waste. That year, the company used oil made via pyrolysis in one of its Louisiana chemical plants for the first time. And it began publicizing a new goal for the technology: “Our ambition is to use 1m tonnes of plastic waste a year in our global chemicals plants by 2025.”

But recently, the company rolled back that promise with little fanfare: “[I]n 2023 we concluded that the scale of our ambition to turn 1m tonnes of plastic waste a year into pyrolysis oil by 2025 is unfeasible,” it said in its 2023 sustainability report, published in March.

 

This is what my anti communist mom and father-in-law have been telling me. 😂

 

I thought this was an onion article but guess what? It is real.

They are blaming literally anyone except the true culprits: capitalism...

 

More than 90 percent of the world’s 2,000 most influential companies, including Amazon, BMW, Nestle, Rio Tinto, Pfizer, Shein, and Standard Chartered, are failing to meet societal expectations towards human rights, working conditions and corporate ethics, a first-of-its-kind assessment has found.

Despite commanding revenues equal to 45 percent of the global economy, the world’s top companies are missing the opportunity to positively affect the lives of hundreds of millions of people, the nonprofit World Benchmarking Alliance said in a report released on Tuesday.

“The companies have resources and influence equivalent to some of the biggest countries, impacting more people than the populations of many nations. The fact that 90 percent of these companies are failing to act on fundamental social expectations shows the state of play of the private sector,” said Namit Agarwal, social transformation lead at the WBA, which tracks companies’ commitment to the UN Sustainable Development Goals.