The offsetting of carbon emissions and plastic pollution has gained prominence in the past few years. However, some experts argue that carbon offsetting has been greenwashed and call it an "industry con." They speculate that this is because carbon is very abstract and the ability to measure it, reduce it, or clean it up is often misunderstood. To combat this, the Plastic Credit Exchange (PCX) was created—a movement that works towards plastic neutrality.
The non-profit plastic offset program offers plastic "credits" that are described as "a verified plastic offer equal to one ton of plastic." The organization argues that this is a more tangible approach to offsetting environmental hazards when compared to carbon offsetting approaches. This is accomplished by eliminating plastic waste in nature, thereby helping brands offset their plastic footprint while contributing to a circular economy.
Plastic Offset Programs
The Plastic Credit Exchange (PCX) Offers a Tangible Approach to Pollution
Trend Themes
1. Plastic Neutrality Movement - Creating tangible approaches to offsetting environmental hazards by eliminating plastic waste in nature and contributing to a circular economy.
2. Verification of Plastic Credits - Modifying the carbon offsetting to offer verified plastic credits equal to one ton of plastic for a more tangible and sustainable plastic-free world.
3. Circulating Plastic Waste - Initiating programs and campaigns to contribute to a circular economy by offering feasible ways to reduce and recycle plastic waste.
Industry Implications
1. Environment and Sustainability - Opportunists engaged in the environment and sustainability domain can enhance the efforts concerned with the proper management of plastic waste.
2. Branding and Packaging - Businesses can apply verified plastic credits to decrease their environmental impact while promoting their products as environmentally responsible.
3. Pharmaceutical Industry - Pharmaceutical firms can innovate to make their drug packaging plastic-free and opt for verified plastic credits to maintain sustainable development goals.