The damage caused by the 350 tonnes pf plastic produced every year exceeds the industry’s annual profits. Environmental damage is shifting from an externality to a business cost. Despite being light, cheap and versatile, single-use plastic products are becoming socially unacceptable.
Manufacturing production has been on a rise and the slump that began last year is possibly ending. Energy accounts for nearly 27% of total industrial production, close to it’s all time high, due to growth of shale.