Author: Joseph Winters
For years, companies have been trying to offset their greenhouse gas emissions with carbon credits. Now, they want to do the same thing for their plastic pollution. A growing number of companies are claiming “plastic neutrality” through the purchase of so-called plastic credits, tradable units that typically each represent 1 metric ton of plastic waste that’s been removed from the environment. These credits, sold by dozens of unregulated businesses and nonprofits, are supposed to complement companies’ internal plastic reduction strategies while also funding waste collection in the developing world.