The term "biodegradable" has been used over the past few years, to describe plastics or packaging that could potentially be metabolized by microorganisms in nature, with complete breakdown to CO2/Methane, water and biomass. However, there is significant confusion and controversy surrounding biodegradable plastics since many suppliers have used the term to loosely describe their material/packaging without specifying the conditions under which the material would degrade in nature. For instance, some plastics (like PLA) will only degrade under industrial composting conditions, while some others (like PHA) can break down under a wider range of conditions and environments (industrial, backyard, marine). Given this widespread confusion and the misuse of the "biodegradable" term, many global government and industry organizations have issued guidelines to restrict or eliminate the unqualified use of biodegradable as a descriptor of plastics or packaging. These include the European Commission guidelines (European Plastics Strategy) and the Federal Trade Commission Green Guides in the US.
In line with such guidelines, Ubuntoo's recommends that companies providing biodegradable materials, products or packaging:
1.Avoid unqualified use of the term "biodegradable" to describe their products
2.Any claim of biodegradability should be accompanied by a description of specific conditions and environments under which the material or product will undergo degradation in nature
3.It is strongly recommended that companies provide globally accepted certifications or testing for various biodegradability claims (such as the BPA certification for industrial composting)
Further in line with the position articulated by the European Commission as well as major CPG companies, Ubuntoo recommends that "biodegradable" plastics should not be considered a solution for littering (or worse a license to litter). Appropriate collection and end-of-life solutions (such as industrial composting or home composting) need to be put into place to avoid biodegradable plastics ending up as litter in the environment.
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Fulcrum is a pioneer in making low-carbon, low-cost, transportation fuels from one of the world's most abundant resources – household garbage.
Fulcrum has developed and demonstrated a proprietary thermochemical process that converts municipal solid waste, or MSW, feed stock into low-carbon renewable transportation fuels including jet fuel and diesel. Fulcrum’s process combines gasification technology with a Fischer-Tropsch (“FT”) fuel process for the efficient, low-cost production of renewable transportation fuels. MSW is delivered to the Company’s plants where it is processed to remove recyclable products and other material not suitable for processing. A prepared waste feed stock then enters the gasification process where it is converted to a synthesis gas. This syngas then enters the FT process where it reacts with a proprietary catalyst to form a FT product which is then upgraded to a transportation fuel.
This low-cost, low-carbon drop-in fuel has several distinct advantages compared to conventional crude oils:
Environmentally Friendly: Their waste to fuel process is expected to reduce greenhouse gas emissions by more than 80 percent compared to conventional crude oil production.
Cost Effective: Their fuel contains very few metals and nitrogen compounds, and no sulphur. This eliminates the need for more costly and complicated refining steps and helps keep their product competitively priced with conventional petroleum fuel.
Diverse: Fulcrum’s proven process is able to divert waste and convert it into a market grade fuel product that offers customers the product they want, in the markets they want.
Certified: Fulcrum’s fuel has been tested, certified and approved for commercial and military aviation worldwide.
Renewable and Sustainable: Fulcrum’s fuel product qualifies for numerous regulatory standards – US Renewable Fuel Standard, California Low-Carbon Fuel Standard and Roundtable for Sustainable Biomaterials.
The fuel that their plants will produce qualifies as an “Advanced Biofuel” under the RFS, meaning it meets the stringent specifications for carbon emissions reductions.
McDermott is a co-founder and the managing partner of Rusheen Capital Management, LLC ("RCM"). As an investor and entrepreneur, Mr. McDermott has started, run and invested in over 25 companies. Examples include: Stamps.com, Inc. (NASDAQ: STMP) (Founder & CEO), NanoH2O, Inc. -- acquired by LG Chem (Founder & Board Member), Fulcrum BioEnergy, Inc. (Founder, Executive & Chairman), Moleaer, Inc. (Founder & Board Member) and Carbon Engineering (Board Member).
Managing Director - UK & Europe
Jeff is an engineer, influencer, thought leader, brand ambassador. He has a track record of success in finding compelling new venture opportunities and quality partners with whom to do business. He has an ability to manage and influence stakeholders at the highest level in companies and government. Founded and led the first ever investment by an Airline in a sustainable aviation fuel company.