Major plastic producers have known that recycling isn't a good solution for more than 30 years — they just lied about it.
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Operation Deimos
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A new report shows that U.S. recycling rates have declined from about 8.7% to between 5% and 6%, revealing the challenges and shortcomings of the country’s waste management infrastructure and policies. 
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LONDON (Reuters) – Banks have provided $1.7 trillion of finance to 40 companies in the plastics supply chain without imposing any requirements to tackle plastic pollution pouring into the world’s rivers and oceans, according to a report published on Thursday.
With European and U.S. banks increasingly spurning the most polluting fossil fuel projects to help slow climate change, campaigners want lenders to take a similar approach to plastics by making loans conditional on measures to boost recycling.
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Plastic recycling rates are declining even as production shoots up, according to a Greenpeace USA report out Monday that blasted industry claims of creating an efficient, circular economy as "fiction."
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Data shows that American exporters continue to ship plastic waste overseas, often to poorer countries, even though most of the world has agreed to not accept it.
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Oil and gas companies make far more money churning out new plastic than reusing old. Meanwhile, the public gets the blame, writes Arwa Mahdawi
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