By Leslie Kaufman The Wall Street Journal’s Saabira Chaudhuri began reporting on how plastic bottles transformed the bottled water market, turning an occasional restaurant treat into an everyday staple. But that change came at a steep cost: more single-use plastic in landfills. She discovered that companies such as Coca-Cola, PepsiCo and Nestle had been aware of the problem for decades. Chaudhuri began tracing how plastic waste became so pervasive — and why it persists despite public backlash. Her book Consumed: How Big Brands Got Us Hooked on Plastic was released in the US on Oct. 7. We spoke with her about the book and potential solutions to the plastic waste crisis. A bale of crushed plastic bottles. Photographer: Luke Duggleby/Bloomberg Q: You argue that the origin of the problem is disposability — that trash itself became a business model, not a byproduct. After WWII, the industry made a conscious pivot. Lloyd Stouffer, an industry figure, openly said plastics should move from durable goods to disposables because companies make more money selling something a thousand times than once. So the industry sold us on hygiene, convenience, modernity, even feminism — less ironing, easier cooking. Some of these [benefits] really did improve lives, so plastics shouldn’t be demonized wholesale. But companies also saw trash piling up and largely ignored it. Read the full interview on Bloomberg.com. A worker inspects a rock sample at a rare earth exploration site in Brazil Photographer: Victor Moriyama/Bloomberg China’s recently announced raft of restrictions on the export of batteries could have major impacts on US companies, analysts say. Beijing has previously used rare earths as a tool in the trade war with Washington. But with its commanding position in the battery industry, China has identified another point of leverage in trade talks as the US increasingly needs energy storage to support data centers and stabilize the grid. The restrictions, which take effect Nov. 8, span a wide swath of the battery supply chain. They include large-scale lithium-ion batteries used for energy storage as well as cathode and anode materials and battery manufacturing machinery, all technologies where China has a robust lead. As with past restrictions, the new rules require battery companies to receive licenses from the Chinese Ministry of Commerce before exporting their goods. That system allows Beijing to selectively weaponize exports. “While it doesn’t impact as wide a range of industries as other Chinese export controls, the dominance of China in battery supply chains means they can squeeze hard and it can be felt pretty quickly by US companies,” said Matthew Hales, an analyst specializing in trade and supply chains at BloombergNEF. Read the full story. Wildfire disasters are becoming more frequent and severe globally, costing more human lives and racking up more economic damage than in previous decades, according to a new study by the University of Tasmania. The US is canceling a huge solar project in Nevada, the latest effort by President Donald Trump to limit renewable energy development. Greg Jackson Photographer: Chris Ratcliffe/Bloomberg The UK used to be a shining example of how to act on climate change. It created one of the world’s first climate laws in 2008, which bound the government to reduce emissions on tight deadlines. That law used to have cross-party support, but that’s no longer the case with politicians trying to make climate a wedge issue. Greg Jackson, chief executive officer of the UK’s largest energy retailer, Octopus Energy, joins Akshat Rathi on the Zero podcast to discuss his plan to bring down bills and keep the public on the green side. Listen now, and subscribe on Apple, Spotify or YouTube to get new episodes of Zero every Thursday. |