Forum Institutional

It's time to shift to net-zero emissions plastics

Net-zero emission plastics are possible and feasible - and they could be a climate game-changer

Net-zero emission plastics are possible and feasible - and they could be a climate game-changer Image: Mae Mu / Unsplash

Markus Steilemann
Chief Executive Officer, Covestro
Our Impact
What's the World Economic Forum doing to accelerate action on Forum Institutional?
The Big Picture
Explore and monitor how Plastic Pollution is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Plastic Pollution

This article is part of: The Davos Agenda
  • Plastics play a big role in daily life - and in the technology that will power the green transition.
  • But they're made from fossil fuel, and this accounts for 4-8% of global oil consumption.
  • We need to shift to net-zero emissions plastics. We have the technology - all we need now is the will.

There are two sides to everything - and that goes for plastics, too.

Let's start with the positive side. Plastics shape and facilitate the whole of modern life. They are found in everything from smartphones to shoe soles, in spectacle lenses and mattresses, in footballs and fridges. What is more, plastics are a key part of our efforts to create a truly sustainable world. Without them, no windmill turns, no electric car drives, and houses would consume much more energy. Water would seep away, and much of the harvest would not be available to feed the growing world population.

It's understandable, then, that plastic is such a sought-after material. Currently, around 370 million tons are produced worldwide per year – and experts expect consumption to triple again by 2050.

Have you read?

Now to the less positive side. This demands clear words and open ears. Plastics are not only part of the solution, they are also part of the problem – for the moment, at least. This is because they contribute to the triple crises that our planet and humanity are facing: climate change, the depletion of natural resources and the destruction and pollution of the environment. This has to do with the way plastics are currently produced, and how consumers deal with them.

The present: plastics from crude oil

The chemical and plastics industries account for around 7% of global greenhouse gas emissions. By 2030, this could reach a level equivalent to around 300 new coal-fired power plants. Closely related to this is the topic of resource: we make plastics by taking crude oil out of the ground and processing it. This accounts for 4-8% of our annual global oil consumption. By 2050, according to experts, growing demand for plastics could push this figure as high as 20%.

And as useful as plastics are, they are normally discarded after use or simply thrown away. Between 1950 and 2015, a whopping 80% of plastic waste ended up in landfills or in the environment. Worldwide, only around 15% of the plastic produced is recycled annually. By the way, this does not apply to plastic alone. Of the approximately 100 billion tons of material in circulation globally, only 8.6 billion are recycled. In other words, the world is only 8.6 percent circular.

And now we are at the very heart of the problem. Because we have a system that isn’t in line with our times. Actually, it had a flaw from the beginning. Here too, I see three key aspects. Point one: exponential growth. The prevailing economic order has the "more" as the principle: more consumption, more production, more use of resources. Secondly, obsolescence: consumption and products are designed for short lives and replacement. They should not last long, but break, become outdated or go out of fashion. And thirdly, as already mentioned, climate intensity. Our everyday lives and industrial processes are still predominantly based on fossil fuels and fossil energy, releasing billions of tons of greenhouse gases.


The future: plastics from renewable sources

The way out of the dead end is a system change – ditching the linear economy for the circular economy. In particular, this holds true for the plastics industry. And here we are again on the positive side. Because the ideas, solutions and practical approaches needed to produce climate-neutral plastics in this way already exist. The crucial point is the central building block of plastics: carbon. We must extract it from sources other than crude oil. Rather, we must take it from renewable raw materials: waste, biomass and even CO2.

In this way, carbon will be circulated instead of being released into the atmosphere. Oil can be left in the ground. This is good news for climate and resources. At the same time, we will outwit environmental pollution in such a way that in future, old plastics will less often – or even no longer at all – end up in landfills, rivers and the ocean. Instead they will be recycled.


Towards net-zero emission plastics

A team of scientists from Germany, Switzerland and the USA has recently revealed this big picture. Their research shows how the raw material combination of biomass, CO2 and recycled waste (with an effective recycling rate of 70%) can be used to produce plastic with net-zero emissions. However, emission-free wind power must be added. According to the experts, energy and costs are then saved compared to the conventional fossil-based production method in conjunction with the capture and storage of CO2.

Renewable raw materials plus renewable energy: this is the successful duo for a future-oriented plastics production. And so also for the processes and carbon footprints of the many other industries relying on plastics. If, at the same time, nature will be cleansed of plastic waste, then hopefully in the future we will hear about plastics in a largely positive light.

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
Forum InstitutionalClimate Action
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

AMNC24: Five things to know about the 'Summer Davos' in China

Gayle Markovitz

June 28, 2024

About Us



Partners & Members

  • Sign in
  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2024 World Economic Forum