Tag Archives: plastic credits

The Plastics Revolution: A Century Later

Businesses pay a fee to Tontoton,  a company established in 2019,  for every ton of plastic that they generate. Tontoton then uses the money to employ scavengers, who retrieve an equal weight of plastic garbage in Vietnam — the world’s No. 4 source of ocean debris…Tontoton said it has the only such program in Vietnam, while Plastic Bank runs a similar one in Indonesia and the Philippines, and the Plastic Collective covers Malaysia, Thailand, and Cambodia…Tontoton targets the worst ocean-bound rubbish, called orphan plastic because it cannot be recycled. Trash pickers find the single-use plastic along the cyan waters hugging Vietnam’s Phu Quoc and Hon Son islands. Their goal is to collect 5,000 tons a year and send it to INSEE, part of Siam City Cement, to be burned for energy….

These cleanup programs have sprung up globally as doubts emerge about recycling, which used to seem like a win-win idea because consumers could keep consuming and the environment could stay pristine. But instead, for decades, the public believed its plastic was being recycled, only to find that 91% of it was not, according to a study in the peer-reviewed journal Science Advances, assessing all plastic from 1950-2015.

Vietnam is a focus of cleanup campaigns because it’s among the top five countries sending litter to sea, along with China, Indonesia, the Philippines, and Thailand…These Asian countries earned this marker because they import so much waste for processing from the rest of the world.

Tontoton says clients sign a letter committing to multiple strategies beyond offsets, including plastic substitutes and reduction. The company helps them offset or “neutralize” plastic already used, but this isn’t a “getaway car” to escape broader responsibility. “Plastic neutralization cannot solve the problem by itself.”

Excerpt from LIEN HOANG, Vietnam tests waters for plastic credits to fight marine pollution, April 15, 2021