With all those plastic-trash haters filling the Internet with images of garbage-choked oceans and demanding bans on everything from drinking straws to grocery bags, chemical companies are beginning to get alarmed.
Their solution: A public pledge by the new Alliance to End Plastic Waste to spend $1 billion over five years to clean up marine debris, improve recycling and develop new technologies to reduce pollution. That may sound like a lot of green, but the Alliance is made up of 28 companies that make plastics, packaging and consumer products, which averages out to each company spending just over $7 million ...
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