Sunday, June 24, 2018

Plastic Economics

Economics 101

If supply is increased, price goes down.
If price goes down demand rises.
If demand rises production is stimulated.

Plastic stuff requires a supply of raw material (oil or recycled plastic).
If we recycle our plastic stuff we increase the supply of the raw material and the price of plastic will go down and demand will rise and production of plastic stuff will be stimulated. We end up with more plastic stuff.

If we send our used plastic for incineration the supply of raw material will be reduced and the price will rise. The higher price will stimulate production of oil. Increased supply will result in a drop in the price of the plastic’s raw material….

Oh my head hurts.

Let’s just not use plastic, at least for stuff that gets thrown away soon after first use.


Blogger Flotsam said...

There is no doubt we need to wean ourselves from our plastic addiction. It's a tough one though. The economics thing does my head in too.

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