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Reuters
Reuters
Business
John Geddie and Joe Brock

Big Oil's plastic boom threatens U.N.'s 'historic' pollution pact

FILE PHOTO: A delegate poses for a photograph near a 30-foot monument dubbed "turn off the plastic tap" by Canadian activist and artist Benjamin von Wong, made with plastic waste, at the venue of the Fifth Session of the United Nations Environment Assembly (UNEA-5), at the United Nations Environment Programme (UNEP) Headquarters in Gigiri, Nairobi, Kenya February 28, 2022. REUTERS/Monicah Mwangi

When the United Nations agreed a landmark deal to create the world's first ever global plastic pollution treaty this week, every party was quick to claim a victory, from industry lobbyists to environmental activists. That could spell trouble.

The agreement to finalise such a treaty by 2024, which the U.N. Environment Assembly called "historic" and the most significant green pact since the 2015 Paris climate accord, was drafted in broad strokes.

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