I speak with Dr. Nilesh Shah, the former Global R&D Director at Dow Chemical about sustainability and circular economy.
(0:00) Nilesh Shah’s biography(1:02) Defining sustainability and circular economy(3:20) The impact of chemical products on greenhouse gas reductions(7:00) Incongruity between plastics’ net positive impact on the world and the media’s portrayal of plastics(12:08) Responsibility of various players in the plastics ecosystem(15:45) Achieving circular economy via incremental and breakthrough solutions(18:16) Examples of short term incremental solutions(20:53) Economic viability of short term solutions(22:29) Role of legislation and regulation in sustainability efforts(25:12) Process of removing harmful chemicals off the market(27:54) When regulatory bodies tend to step in(30:05) What it takes for sustainable alternatives to be adopted(31:08) Importance of systems thinking in achieving sustainability