CNN 6.25% 15.0¢ cardia bioplastics limited

A world awash with plastic

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    'But, in the end, the real challenge is to combat an economic model that thrives on wasteful products and packaging, and leaves the associated problem of clean-up costs. Changing the way we produce and consume plastics is a challenge greater than reining in our production of carbon dioxide.'

    'Plastics are a nightmare to recycle. They are very hard to clean. They can melt at low temperatures, so impurities are not vaporized. It makes no difference whether a synthetic polymer like polyethylene is derived from petroleum or plants; it is still a persistent pollutant. Biodegradable plastics exist, but manufacturers are quick to point out that marine degradable does not mean “marine disposable.'

    'Activists around the world are lobbying for bans on the most polluting plastics — the bottles, bags and containers that deliver food and drink. Many have been successful. In California, nearly 100 municipalities have passed ordinances banning throwaway plastic bags and the Senate is considering a statewide ban.'

    http://www.nytimes.com/2014/08/26/opinion/choking-the-oceans-with-plastic.html?_r=0

    I was just posting on another stock that had the right products in the right place at the right time and that certainly goes for CNN as well.

    Last time I saw something about the Californian economy I saw that it was the world's 8th largest economy. If they go ahead to issue a statewide ban on throwaway plastic bags it would have a major follow-on effect not only across the US, but also worldwide you'd think.
 
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