US Endorses Global Treaty to Cap Plastic Production
In a policy shift, the Biden administration supports international efforts to limit plastic manufacturing and phase out harmful chemicals.
- The US joins the High Ambition Coalition, aligning with the EU, South Korea, and Canada.
- The treaty aims to reduce plastic production by 40% below 2025 levels by 2040.
- Environmental groups praise the move, while industry voices express concerns over economic impacts.
- The treaty will address the full lifecycle of plastics, including design and disposal.
- Final negotiations are set for November 2024 in Busan, South Korea.