Great News on the ESG Front

| January 23, 2019
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The total number of electric vehicles on global roads surpassed 3 million in 2018. This is a 50% increase over 2016, according to the International Energy Agency (IEA).

According to a recent report from Goldman Sachs, last week’s launch of the Alliance to End Plastic Waste (AEPW) united the plastic value chain (oil, chemical, consumer product and waste management companies) in a mission to invest (>$1.5bn) in addressing plastic waste.

Like PV technology, the science to recycle plastic back into a feedstock for new plastic materials has existed for decades. In some countries it is already extensively used. However, transitioning to an economically viable and globally deployed solution will require a combination of policy, incentives, innovation, and investment to align the actions of product designers, manufacturers, consumers, government and industry.

Given the growing supply of used plastic, addressing the above factors could quickly transform the cost of this technology and the economics of managing plastic waste for good.


Stay Tuned, Disciplined & Patient! {TJM}

The Investor & Character Equation (ICE) | S + R = O


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