The gist: similar to Big Tobacco, etc., internally with the plastics industry, there seems to have been a much greater degree of pessimism about the long-term economic viability of plastics recycling, but it was sold to the public anyway via ad campaigns and lobbying to forestall regulation or legislation limiting plastics as public sentiment was shifting towards a greater sense of environmental awareness.
I guess it might refer to the fact that 80% of the plastic produced ends up in landfills and it's not recycled, for different reasons, one of them is that recycling plastic is very expensive.
Also there are several different types of plastic that do not melt together, or do not melt at all, and can't be easily recycled or reused. It also degrades and becomes more toxic on every cycle and, unlike glass, health safety of recycled plastic cannot be guaranteed so to package food the only safe option is to make new plastic.
Is the 80% a number for the US? In northern Europe I assume that a small percentage is recycled and the rest is incinerated for electricity and heat -- landfill usage has restrictions in the EU.
Some countries like Sweden and Finland use incineration to such extent that they have a lack of domestic waste and have to import it [0].
While we might think that much of the world's plastic waste is recycled, only 9% is. Half of the world's plastic still goes straight to landfill. Another fifth is mismanaged – meaning it is not recycled, incinerated, or kept in sealed landfills – putting it at risk of being leaked into rivers, lakes, and the ocean.
I misworded my first sentence, I meant that 80% either goes to the landfill or it's not recycled, but apparently it's more like 70%.
It takes mere moments to google "how much plastic is actually recycled"
You would have to be naive to believe that executives in the petroleum and plastic industries are unaware of how little plastic is actually recycled rather than complicit.
There have been a few articles about that recently. However, you can notice it for yourself if you notice how many products claim to be "recyclable" but how few are recycled.
If recycling were widespread, you'd expect the vast majority of products to be made with recycled plastic.
What does this actually mean and what are you basing it on? Without any sources or references it reads a bit like FUD.