Smoke and Mirrors: The Realities of Plastic Credits and Offsetting

Plastic credits are now being discussed as a strategy to address plastic pollution. But what is the reality of this approach?

Building on research published by SourceMaterial and Bloomberg with original research by Break Free From Plastic (BFFP) and the Global Alliance for Incinerator Alternatives (GAIA), this report uncovers serious flaws in plastic offsets, credits and plastic neutrality. The listed projects on two of the main proponents of plastic offsetting — Verra and Plastic Credit Exchange (PCX) — were analyzed to provide a snapshot of the current realities of plastic offsetting, beyond the promises and marketing.