Berliner Boersenzeitung - California probes 'Big Oil' over plastic pollution

EUR -
AED 3.846458
AFN 71.211176
ALL 97.412843
AMD 406.811894
ANG 1.887241
AOA 956.640935
ARS 1051.428592
AUD 1.608171
AWG 1.887622
AZN 1.787721
BAM 1.94682
BBD 2.114156
BDT 125.138011
BGN 1.955509
BHD 0.394704
BIF 3034.333258
BMD 1.047225
BND 1.407209
BOB 7.235625
BRL 6.090347
BSD 1.047075
BTN 88.4754
BWP 14.296058
BYN 3.427092
BYR 20525.602023
BZD 2.110863
CAD 1.463847
CDF 3005.534618
CHF 0.928583
CLF 0.03695
CLP 1019.567969
CNY 7.576459
CNH 7.597437
COP 4597.630131
CRC 532.296452
CUC 1.047225
CUP 27.751452
CVE 110.613091
CZK 25.354142
DJF 186.112546
DKK 7.458821
DOP 63.25565
DZD 139.901282
EGP 52.012714
ERN 15.708369
ETB 129.23088
FJD 2.379611
FKP 0.826592
GBP 0.831973
GEL 2.853676
GGP 0.826592
GHS 16.598349
GIP 0.826592
GMD 74.352935
GNF 9037.548191
GTQ 8.083713
GYD 219.089433
HKD 8.150638
HNL 26.363899
HRK 7.470124
HTG 137.485836
HUF 411.088281
IDR 16675.428446
ILS 3.890063
IMP 0.826592
INR 88.480582
IQD 1372.387829
IRR 44093.391567
ISK 146.108348
JEP 0.826592
JMD 166.302915
JOD 0.742584
JPY 161.458939
KES 135.614106
KGS 90.595555
KHR 4241.259434
KMF 491.829597
KPW 942.501737
KRW 1466.554465
KWD 0.322158
KYD 0.872675
KZT 519.294876
LAK 22997.052059
LBP 93778.962407
LKR 304.684618
LRD 188.762185
LSL 18.965252
LTL 3.092182
LVL 0.633456
LYD 5.115689
MAD 10.486854
MDL 19.069043
MGA 4891.586326
MKD 61.525564
MMK 3401.344628
MNT 3558.469111
MOP 8.394618
MRU 41.799981
MUR 48.593488
MVR 16.179757
MWK 1817.981712
MXN 21.385321
MYR 4.675828
MZN 66.925952
NAD 18.964918
NGN 1774.186923
NIO 38.527419
NOK 11.597222
NPR 141.561038
NZD 1.78822
OMR 0.403194
PAB 1.04717
PEN 3.974207
PGK 4.216653
PHP 61.815578
PKR 291.021899
PLN 4.344987
PYG 8218.776313
QAR 3.812683
RON 4.977038
RSD 116.989628
RUB 106.083365
RWF 1435.744917
SAR 3.931627
SBD 8.750118
SCR 14.091129
SDG 629.903184
SEK 11.589368
SGD 1.409667
SHP 0.826592
SLE 23.651533
SLL 21959.781063
SOS 598.485238
SRD 37.077012
STD 21675.434737
SVC 9.162736
SYP 2631.183058
SZL 18.975788
THB 36.383713
TJS 11.152657
TMT 3.675758
TND 3.301902
TOP 2.452702
TRY 36.169354
TTD 7.108213
TWD 34.046633
TZS 2777.615603
UAH 43.232448
UGX 3869.006119
USD 1.047225
UYU 44.622895
UZS 13488.252609
VES 48.454165
VND 26623.067216
VUV 124.328608
WST 2.923423
XAF 652.945238
XAG 0.034027
XAU 0.000392
XCD 2.830177
XDR 0.798815
XOF 651.373441
XPF 119.331742
YER 261.711912
ZAR 18.966175
ZMK 9426.275251
ZMW 28.876803
ZWL 337.205892
  • BCC

    2.9500

    140.36

    +2.1%

  • CMSC

    0.1200

    24.64

    +0.49%

  • SCS

    -0.0300

    13.04

    -0.23%

  • BCE

    -0.3200

    26.68

    -1.2%

  • GSK

    0.3500

    33.7

    +1.04%

  • RIO

    0.1800

    62.57

    +0.29%

  • CMSD

    0.1850

    24.445

    +0.76%

  • NGG

    -0.1700

    63.1

    -0.27%

  • RBGPF

    -0.5000

    59.69

    -0.84%

  • BTI

    -0.1000

    36.98

    -0.27%

  • AZN

    1.0600

    64.26

    +1.65%

  • JRI

    0.0000

    13.23

    0%

  • RYCEF

    0.1800

    6.79

    +2.65%

  • RELX

    0.6500

    45.76

    +1.42%

  • VOD

    -0.1000

    8.84

    -1.13%

  • BP

    0.4400

    29.52

    +1.49%

California probes 'Big Oil' over plastic pollution
California probes 'Big Oil' over plastic pollution / Photo: SAUL LOEB - AFP/File

California probes 'Big Oil' over plastic pollution

California launched a sweeping investigation Thursday into plastic pollution by major oil companies, in a probe it says will look at whether fossil fuel giants have been lying about the problem for decades.

Text size:

As part of the wide-ranging probe, the state's attorney general hit ExxonMobil with a subpoena with the aim of uncovering its role in an alleged cover-up.

"Enough is enough. For more than half a century, the plastics industry has engaged in an aggressive campaign to deceive the public, perpetuating a myth that recycling can solve the plastics crisis," said Rob Bonta, the US state's top lawyer.

"The truth is: The vast majority of plastic cannot be recycled, and the recycling rate has never surpassed nine per cent."

The remainder is buried in landfill, burned, or littered in the environment.

From there it breaks down into micro-plastics that are too small to be seen by the naked eye.

"Every week, we consume the equivalent of a credit card's worth of plastic through the water we drink, the food we eat, and the air we breathe.

"This first-of-its-kind investigation will examine the fossil fuel industry's role in creating and exacerbating the plastics pollution crisis –- and what laws, if any, have been broken in the process."

The attorney general's office said recent reporting showed fossil fuel and petrochemical companies, which produce plastics, knew in the 1970s that recycling was not feasible and could never be economic, but that the industry pressed on with the manufacture of the materials.

Companies and their lobbyists sought to assuage public concerns about plastic by adopting the circular arrows symbol to denote supposedly recyclable materials, a statement said, despite knowing that their products could not be re-purposed.

Some 460 million tons of plastics were produced worldwide in 2019, generating 353 million tons of waste, according to the OECD.

This waste degrades into plastic micro-particles that end up in all of the world's oceans, in ice floes, in the stomachs of animals and has even been found in air sampled at the top of mountains.

The OECD says plastic products also account for nearly 3.5 per cent of greenhouse gas emissions that contribute to global warming.

"In California and across the globe, we are seeing the catastrophic results of the fossil fuel industry's decades-long campaign of deception," said Bonta.

"Plastic pollution is seeping into our waterways, poisoning our environment, and blighting our landscapes."

It was not immediately clear what the ramifications of the investigation would be, or what penalties any firm might face.

But an investigation by California -- the most populous and wealthiest state in the US -- could at least highlight an issue that scientists say we should be concerned about.

ExxonMobil did not immediately respond to a request for comment.

(K.Lüdke--BBZ)