Why the oil industry and green groups are fighting over chemical recycling
Oil and chemical companies are investing in chemical recycling, aided by favorable laws passed primarily by GOP-controlled state legislatures. These companies say the technology can help address the country\u2019s plastics crisis by increasing recycling rates and reducing the amount of waste dumped into landfills and polluting the world\u2019s waterways. But environmental groups argue that the pollutants released by the process could be dangerous enough to negate any potential benefits. POLITICO\u2019s Jordan Wolman breaks down the pros and cons of chemical recycling. Plus, the Biden administration is set to start refilling Strategic Petroleum Reserve.