What is ‘Plastic Neutral’?

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Did you know in the last seven days you consumed the equivalent of a credit card in the form of microplastics?

The video explains how this happens and where it came from

The good news is there IS a solution – and it’s simple.

It’s not about stopping using plastic, that’s not going to happen unless we come up with something to replace it – it about recycling.

But what is recycling?

What happens to scrap metal? It’s melted down and reused to make something else, scrap paper is pulped and used to make new recycled paper, we can now do the same with plastic – melt it down into the oil from which it was made and use that to make new plastic products.

It’s called closed loop recycling producing no toxic gases or carbon dioxide to pollute the atmosphere – it’s a completely clean process.

Plastic waste is collected, washed to remove organic residue and heated to high temperatures in the absence of oxygen so it can’t catch fire. It’s called pyrolysis and it’s been around for ages, long before plastics were invented. The result is high grade oil which is used by the petrochemical industry to make new plastic products.

Most countries are introducing regulations requiring companies who make plastic products to use a percentage of this oil in their manufacturing process and we expect these regulations will get ‘stronger’ in the next two to three years significantly increasing the demand for this pyrolysis oil.

The company I work with, the Corsair Group, based in The Netherlands, Finland and Thailand, is at the forefront of this.

As you’ve seen, the plastic waste issue is huge in the East and is also getting to be a big problem in Europe. Corsair already have four recycling installations around the world with an increasing number of pyrolysis units in each.

We can resolve the problem but there are two issues around this.

How do we verify the waste plastic, wherever it is, has been properly recycled, not just relocated by dumping it somewhere else or repurposing it generating microplastics?

The solution is a token called a ‘plastic credit’ which is recorded on a blockchain. How this works in detail is explained elsewhere but effectively I can buy those credits corresponding to the amount of plastic I use (on average this is about 50Kg a year for each person on the planet) and then ‘retire’ them, removing them from the market, all of which is transparently recorded on the blockchain.

The same is true for companies who make plastic products and those who use them, eventually gaining a certificate of plastic neutrality allowing them to display a logo on their products.

But how does the money work?

There are two aspects to this – How is Corsair funded and what happens to the money paid for the plastic credits?

Corsair provide a specific plastic credit – a CSR – which effectively funds their operation. They aren’t owned by any of the big venture capital investors, pension or other funds and don’t yet offer shares on any stock market. Effectively they are ‘crowdfunded’ by people and companies who buy the CSRs.

You and I and companies we know can become plastic neutral or work towards it right now by buying CSRs funding Corsair to collect, clean and recycle the millions of tons of plastic waste currently lying around or floating on the surface of the planet.

Plastic neutrality isn’t about the specific plastic you or your company have produced, but the waste plastic which is already out there and there’s enough to keep the process going for another 30 years let alone what’s being produced now.

You and I can become plastic neutral today – but it’s not our plastic!

We can buy plastic credits through Corsair’s marketing arm Amplivo (Amplify the Voice) and we can get paid a small percentage by introducing other people to it.

Yes, it’s a network marketing system but these have proved to be by far the quickest and most effective method of getting something ‘new’ to market.

You can start to become plastic neutral for as little as 10 Euros (about £8.50).

You can register (free) on Amplivo HERE and find out more HERE

Ben Coker

Personal Freedom Facilitator