Today less than 20% of plastic waste is recycled. This week on Switched On we talk with Ilhan Savut and Julia Attwood about chemical recycling, a new way to recycle. Instead of simply washing and melting down plastic, chemical recycling breaks plastics down into their most basic materials. Doing this opens up the options for using recycled plastic and has the potential to save a lot more waste from the landfill or the incinerator.This episode is based on a report titled Chemical Recycling: Technologies, Costs and Capacity.BNEF clients can access this report on bnef.com or BNEF Mobile, or at BNEF on the Bloomberg Terminal.Switched On is hosted this week by Dana Perkins.See omnystudio.com/listener for privacy information.