Few realize how important plastics are to our environmental future. Plastics help conserve our resources – water, land, fuel, oil – and through their intelligent application in agriculture, help maximize food production to feed a hungry world.
And plastics are critical in the fight against climate change.
As we transition to a low-carbon economy, intelligent plastics will play a pivotal role enabling significant energy conservation and greenhouse gas reductions through greener buildings, lighter-weight cars and new green solar and wind energy.
Being 85% lighter than most other materials, plastics' use in packaging already contributes to significant energy and emission reductions in transportation. A Trucost Study estimates that substitution of plastic components with alternative materials in passenger vehicles sold in the North America in 2015 would lead to an increase in lifetime fuel demand for those vehicles of over 336 million liters (89 million gallons) of gasoline and diesel, and at an environmental cost of $2.3 billion. This equates to an environmental cost increase of $169 per gasoline or diesel passenger car sold in North America in 2015.