Connect with us

Hi, what are you looking for?

CrazyFlux.comCrazyFlux.com

Tech News

Why California is suing ExxonMobil for ‘perpetuating the lie’ of plastic recycling

A man wearing a suit speaks into a microphone outdoors.
California Attorney General Rob Bonta announced that his office had launched an investigation into the fossil fuel and petrochemical industries alleged role in causing a plastic pollution crisis on April 28th, 2022, in Playa Del Rey, California. | Photo: Getty Images

California is going after ExxonMobil over what it calls a “campaign of deception” about plastic recycling.

The Golden State filed suit against the oil giant this week, alleging that it has misled consumers for years by marketing recycling as a way to prevent plastic pollution. Plastic is difficult and relatively costly to recycle, and very little of it ever gets rehashed, but the industry sold recycling as a feasible solution anyway.

That’s why California wants to hold ExxonMobil accountable for the role it says the company played in filling landfills and waterways with plastic. Plastics are made with fossil fuels, and California says ExxonMobil is the biggest producer of single-use plastic polymers.

Continue reading…

You May Also Like

Editor's Pick

Vanessa Brown Calder On the campaign trail last week, former President Trump promised that under a future Trump administration, “government will pay” or “your...

Editor's Pick

Clark Packard The US-China relationship is the most important and complex bilateral relationship in the world today. How these two superpowers interact is a...

Editor's Pick

In this video from StockCharts TV, Julius takes a look at rotations in an asset allocation RRG. He compares fixed-income-related asset classes, commodities, the...

Editor's Pick

In this StockCharts TV video, Mary Ellen reviews the broader markets and highlights pockets of strength that are starting to trend higher. She also shares...