· 2 min read
illuminem summarizes for you the essential news of the day. Read the full piece on The Wall Street Journal or enjoy below:
🗞️ Driving the news: Exxon criticizes California Attorney General Rob Bonta’s recent lawsuit, calling it "politically motivated" and arguing it risks deterring investments in recycling
• The state’s lawsuit accuses Exxon of misleading the public on how much plastic is actually recycled, with claims that most waste processed through Exxon’s advanced recycling doesn’t become recycled plastic but rather fuels
🔭 The context: The lawsuit reflects growing scrutiny of “advanced recycling” by regulators like the EPA, which classifies it as incineration, not recycling, contrasting with the chemical industry's view
• This legal challenge joins numerous cases against Exxon and other oil companies, which face accusations of concealing environmental harms and plastic waste impacts
🌍 Why it matters for the planet: If Exxon and other companies promote recycling solutions that don’t reduce plastic waste effectively, it risks exacerbating pollution and environmental damage
• Plastic waste in California has grown steadily, with millions of tons impacting local ecosystems and waterways, raising questions on sustainable waste solutions
⏭️ What's next: The outcome of this case could influence federal and state definitions of recycling, with legislation potentially reclassifying advanced recycling
• Meanwhile, California must prove that Exxon’s actions caused quantifiable harm to secure damages
💬 One quote: “Calling recycling a myth is just not acceptable” – Exxon spokesperson McKee, cautioning that mischaracterizing recycling may discourage Californians from recycling plastic
📈 One stat: Nationwide, only 5% of plastic waste is recycled, according to the Energy Department's 2022 report
Click for more news covering the latest on oil & gas