European plastics industry calls for €235 billion net zero plan
The figure required dwarfs the sums being allocated privately for investment in plastics decarbonisation initiatives.
Creating a net zero plastics industry in Europe is achievable by 2050 – but would cost €235 billion and require “new infrastructure and business models.”
That’s according to a new roadmap from “Plastics Europe”, a trade association representing 90% of Europe’s plastics producers that details the challenges of getting the sector’s 57.2-million-tonne carbon footprint to net zero by 2050.