Evaluating Plastichero’s Potential for Mitigating Plastic Pollution Using Blockchain
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INTRODUCTION
The environmental and economic cost of plastic pollution is a growing concern, posing a significant threat not only to our planet’s ecosystems but also to the very resources that fuel the digital age.
Every year, an estimated 381 million tons of plastic waste are produced globally, with a staggering 11 million tons leaking into our oceans. This plastic pollution harms marine life, disrupts delicate ecosystems, and carries a hefty price tag.
A 2020 McKinsey report estimates the annual economic cost of plastic pollution to be between $3.3 trillion and $4.9 trillion by 2040. The energy consumption for plastic production is another cause for alarm. A 2019 study by Science Advances revealed that plastic production and incineration alone contribute to roughly 1.5% of global greenhouse gas emissions, a figure projected to rise to 5.6% by 2050 if current trends continue. These statistics paint a sobering picture, highlighting the urgent need for solutions that address plastic pollution while fostering a more sustainable future.
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The post Evaluating Plastichero’s Potential for Mitigating Plastic Pollution Using Blockchain appeared first on Coin Edition.
Evaluating Plastichero’s Potential for Mitigating Plastic Pollution Using Blockchain
Share:
INTRODUCTION
The environmental and economic cost of plastic pollution is a growing concern, posing a significant threat not only to our planet’s ecosystems but also to the very resources that fuel the digital age.
Every year, an estimated 381 million tons of plastic waste are produced globally, with a staggering 11 million tons leaking into our oceans. This plastic pollution harms marine life, disrupts delicate ecosystems, and carries a hefty price tag.
A 2020 McKinsey report estimates the annual economic cost of plastic pollution to be between $3.3 trillion and $4.9 trillion by 2040. The energy consumption for plastic production is another cause for alarm. A 2019 study by Science Advances revealed that plastic production and incineration alone contribute to roughly 1.5% of global greenhouse gas emissions, a figure projected to rise to 5.6% by 2050 if current trends continue. These statistics paint a sobering picture, highlighting the urgent need for solutions that address plastic pollution while fostering a more sustainable future.
Table of contents
OVE…
The post Evaluating Plastichero’s Potential for Mitigating Plastic Pollution Using Blockchain appeared first on Coin Edition.