Plastic is the much-maligned detritus of modern living. It is the broken toy, the used carrier bag and the surgical face mask polluting our streets, streams and oceans, which countless recycling schemes and beach cleans have failed to tackle.

With the right backing, plastic can become a force for good as a valuable re-usable commodity. But we have to make this a financial problem, not one of goodwill.

This is about more than just cleaning up the ocean, it is about forcing emissions to plummet. If the production and use of plastics continues to increase as projected, the plastic industry will account for 20 per cent of global oil consumption by 2050, according to a report by the European Environment Agency in January this year. Over 2 million tonnes of plastic packaging is used in the UK every year, the vast majority of this is made from new, rather than recycled plastic.

Carbon offsetting is a band-aid approach which is simply not enough to heal the wound we are creating.

The principle of carbon credit was invented to motivate companies to decarbonise. But it has become a financial game between big players and, in many ways, carbon credit and carbon credit offsetting are more of an obstacle to change because it allows people to pay for their guilty pleasures, rather than solve the problems we face.

We should use the firepower of the financial markets in the US and the UK to create a different system: plastic credit which encourages businesses to recycle and reuse plastic. Once they begin trading plastic credit, based on recycled plastic content and plastic recycling activities, will create a tangible commercial value that will fall under the auspices of FCA and SEC regulations, further pumping financial motivation into recycling.

Right now, there is no financial motivation to recycle or to re-use plastic. The benefit is mainly reputational. When there is no connection between recycled plastic and the financial markets, it doesn’t matter how much you regulate or how many quotas you specify or what incentives you offer; it will not catch up with demand.

The challenge here is not plastic waste, it’s not even smart sorting. The big challenge is finding a way to meet the soaring demand for plastic that doesn’t increase environmental damage.

In the run-up to Cop26, the UK needs to show determined leadership on the matter. There are signs that it wants to. New UK initiatives include a wide-ranging Environment Bill giving new powers to create deposit return schemes for drinks containers and improving the quality and recycling value of collected waste, plans for a tax on plastic packaging, a pledge to ban the export of polluting plastic waste to non-OECD countries to a consultation on a waste prevention programme, with plastics and packaging a key element.

These are encouraging, but are insufficient to meet the scale of the challenge. Plastic is here to stay. It’s no longer a question of controlling demand, but of creating an equilibrium within this soaring demand where we are generating a larger percentage of that from recycled materials. Whoever thinks we are going to live in a world without plastic is dreaming. When you have rates of poverty, of any equation, alternatives to plastic are simply not feasible because they are often more expensive.

When plastic becomes valuable, companies will want to control the circularity of plastics to keep the margins to themselves and the infrastructure will follow.

It's time for me to tell today the world's waste problem to find a promising platform to invest in? Plastic financing is here for you! Promising Crypto Platform with long term goals

Purpose and mission of the project

Plastic Finance focuses on recycling plastic by improving the productivity of waste collectors. We do not break the waste value chain; instead, we add value to the value chain for the benefit of all parties. In addition, we support a tree transplant program to decarbonize CO2 emissions, further strengthening our commitment to a circular economy.

The cooperative collects waste from its members (garbage collectors) and then sells it to Material Recovery Facility (MRF). MRF sorts and recycles waste into a variety of salable waste forms and then sells it to recycled customers. The relationship between Cooperative and MRF is symbiotic. The Cooperative needs better terms of trade and the MRF needs continuity of supply. The link between the Cooperative and MRF is consolidated through Cooperative's ownership of MRF. The creation of an MRF requires a significant capital investment. This can be done by issuing a security token, PLAS, from Plastic Finance. In return, MRF will share 60% of its annual profits with Plastic Finance, which distributes the net proceeds to PLAS holders as BUSD “dividends”. Legal form in local law,

Brief Summary of Token

Title: Plastic Finance
Blockchain: Binance Smart Chain
Coins in circulation: 23,900,000
Symbol: PLAS
Network Type: BEP-20
Smart Contract : 0xCe34caAEe0b691F8e4098DC31CC8818A1dCcF06A

In Conclusion

Plastic Finance is a financial platform that focuses on plastic waste recycling systems. Plastic Finance adopts a circular economy system and increases the productivity of waste pickers and communities who are members of the recycling network. So that by empowering all participants, Plastic Finance can improve the recycling system to be more modern, innovative, and profitable for all parties, thus we can encourage more people to participate in plastic recycling.

Accurate information:

WEB: https://plastic.finance/
TELEGRAM: https://t.me/plasticfinance
TWITTER: https://twitter.com/plastic_finance
FACEBOOK: https://fb.com/plastic.finance

AUTHOR

Bitcointalk Username: BULL23
BTT profile: https://bitcointalk.org/index.php?action=profile;u=3343669
BEP-20 Address: 0x3C5A0F350888A181aE9d08aa6359BA35Ab2567Ed