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GreenBiz 350 Podcast

Episode 367: Plastics platitudes, carbon capture critique

Jo and Joy Banner, co-founders and co-directors of The Descendants Project, explain why we should "stop giving fossil fuels a lifeline." Sifang Chen, managing science and innovation advisor at Carbon 180, unpacks ocean carbon capture.

podcast

This week's run time is 1:02.

ON OUR MINDS (10:00)

Co-hosts Joel Makower, co-founder and chairman of GreenBiz, and Heather Clancy, editorial director of GreenBiz, discuss the following stories:

THE BUZZ FROM CIRCULARITY 23 (19:05)

Close to 1,400 circular economy professionals gathered last week at Circularity 23, where one topic on everyone's list was negotiations for a Global Plastics Treaty that will shape production and recycling strategies long into the future. Estimates by the Organization for Economic Cooperation and Development suggest it could take investments of $3.4 trillion to fully make a transition away from petro-plastics, and the associated environmental impacts. The business sector has an unprecedented opportunity to shape how the framework that will build that shift. Several mainstage speakers addressed the implications for businesses including:

  • Erin Simon, vice president for plastic waste and business at World Wildlife Fund — On why, even if your company isn't in "plastics," the treaty will have a ripple effect.
  • Liz Nichols, foreign affairs office, U.S. State Department — On how the private sector can capitalize on existing investments to accelerate the action.
  • Jo and Joy Banner, co-founders and co-directors of The Descendants Project — On why we should "stop giving fossil fuels a lifeline." 
  • Plus a final reminder from Jo Banner — How companies deliver their products isn't the value of the product. Plus, why environmental justice needs to be part of the solution.
FEATURED INTERVIEW
An unknown ripple effect for ocean carbon capture (40:15)

The first half of 2023 has been marked by a rising tide of climate tech funding announcements related to the potential for ocean carbon capture. But considering how little we know about the potential impact of this technology policy group, Carbon 180 is urging more companies and government to proceed with caution. Sifang Chen, managing science and innovation advisor at Carbon 180, unpacks the implications.

MUSIC IN THIS EPISODE

Lee Rosevere: "And So Then," "4th Ave. Walkup," "Let That Sink In."
Dayfox: "Sweet Love."
Coma Studio: "Soft Beat."

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