Rethinking Plastics: Need for Convergence of Materials, Institutions and Formats for Circular Economy
What is the thing that we are surrounded with the most after atmosphere or air we live in? It’s one of the most ubiquitous materials on earth due to its unfathomable uses and almost unchallenged properties. Yes, you guessed it right, its Plastic and I am 100% sure that the device you are using to read this blog is also encased in plastic. Delivering diligently since the start of the last century, its overproduction today and very limited recycling till date have come to haunt us and possibly hinting at an apocalyptic setting in a near future date wiping out the entire humanity. A staggering half of all plastic produced ever is designed for a single use. Packaging industry by far uses the most plastic in the world by weight and almost 10% of total cost from cradle to grave including production, packaging, transportation and recycling, if at all, is occupied by packaging material costs. This is a huge economy in itself and a classic case where the standardizations and prot...