I think the research proves that in the majority of cases the carbon footprint of recycled plastic is much better than that of virgin plastic, which means that despite all of the steps, as we mentioned—the transport of it, the sorting of it, the recycling of it, and then the shipment back to it—it depends on the types of plastic, but there is around 75% less of a carbon footprint in recycled plastic.
Where it becomes interesting is in the new technologies, as we mentioned, like chemical recycling technologies, which are going to be looking to break down plastic back to the monomers. Those are going to be very energy-intensive. In that case, there are questions that are being asked right now: If there is so much energy, so much carbon, that goes into breaking down that plastic, are we moving the environmental gain from recycling plastic back to creating greenhouse gases?
In the vast majority of physical recycling, mechanical recycling, there is value in recycling it before doing any other type of waste-to-energy process to it.