You won't believe the plastic waste stats - did you know 250 garbage trucks of plastic enter the environment every hour? Spanning land and sea, the scale of humanity's plastic waste problem is immense.  In this episode, Eric Scovill sits down with Alex Smith, founder of Renu Environmental, to discuss how to address the global plastic waste problem through private equity investment in circular recycling methods. Alex discusses his company's groundbreaking technology that recycles plastic waste into new plastic products with zero emissions – definitely a game-changer! Here are some topics from today’s discussion: The scale of the plastic waste problem globally and in the US Limitations of traditional plastic recycling methods Advancements in pyrolysis technology for plastic recycling Renu Environmental's zero-emissions plastic recycling process Potential for creating a circular plastic economy Episode Highlights: [04:15] The Staggering Scale of the Global Plastic Waste Problem The scale of the global plastic waste problem is immense. An astounding 2.4 billion pounds of plastic waste is exported annually from the US alone, with over 900 million tons already accumulated in landfills. Plastic usage is projected to triple globally by 2050 based on current trends, with the equivalent of 250 garbage trucks full of plastic being dumped into the environment every hour. Unless addressed, the unchecked rise of plastic pollution will continue to damage the planet. [08:10] The Challenges of Mechanical Plastic Recycling Each time plastic is mechanically recycled, it deteriorates in quality. Plastic can only be recycled a few times before it is destined for landfill. Additionally, bottle manufacturers are only able to use a certain percentage of recycled plastic in their products, unlike paper which can be 100% recycled material. These limitations mean that mechanical recycling alone cannot create a truly circular system for plastic waste. [11:17] Plastic Waste and Its Impact on the Environment Around 22 million tonnes of plastic leak into the environment each year - equivalent to 250 garbage trucks daily. The Great Pacific Garbage Patch, larger than Texas, is described as a huge accumulation in the Pacific Ocean. Much plastic comes from countries improperly disposing of waste in rivers and oceans, threatening wildlife that consumes microplastics.  [21:41] Advancing Pyrolysis: Renu Environmental's Proprietary Emissions-Free Plastic Recycling Process Advancements in pyrolysis technology for plastic recycling are discussed. Early methods simply burned plastics but the technology has significantly advanced. Renu Environmental works with an inventor with over 30 years experience researching pyrolysis. Their proprietary technology precisely heats plastic in an oxygen-free vacuum through thermal decomposition, allowing plastic types to break down at precise temperatures capturing vapors without emissions. Previous methods emitted significantly but Renu Environmental's process eliminates emissions. Resources Mentioned: Renu Environmental