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More than a dozen trade groups led by the Consumer Brands Association (CBA) Wednesday morning launched a coalition to help craft federal policy that would "fundamentally reimagine the U.S. recycling system."

Why it matters: The coalition includes some prominent K Street players and hopes to create "consistent rules and practices" around what's now a crazy-quilt of recycling systems nationwide.

  • "The United States is facing a packaging and plastic waste crisis greatly exacerbated by nearly 10,000 unique recycling systems," said CBA President Geoff Freeman in a statement.
  • Petrochemicals used in creating new plastic is a big source of oil demand.

Where it stands: Other members include the American Beverage Association, the Consumer Technology Association, the National Retail Federation and others.

  • The coalition is planning a series of "regional roundtables." The eventual goal is a major policy push in 2021, Meghan Stasz, CBA's vice president for packaging and sustainability, tells Axios.
  • She said some of the ideas could end up as legislative proposals. "We don’t want to start with too narrow of an idea of what the final outcome would be. What we do know is that we want it to be national in scope," she said.

The big picture: Stasz said companies working to boost the use of post-consumer materials in their packaging are hampered by lack of supply. They also have financial reasons to want more recycling.

  • "Right now there is not nearly enough supply and that is because recycling rates are so low," she said, adding that more supply would also lower the cost.
  • She notes that right now, "virgin plastic is much cheaper than recycled plastic."

Go deeper:

Go deeper

Mike Allen, author of AM
2 hours ago - Politics & Policy

Fauci fires back at Rand Paul for slam on tonight's "Axios on HBO"

Responding to charges by Sen. Rand Paul on Sunday's "Axios on HBO," NIAID director Anthony Fauci told "ABC This Week" that it's "molecularly impossible" for U.S.-funded bat virus research in China to have produced COVID-19.

Why it matters: The issue 0f Wuhan research was reignited on the right last week with a National Institutes of Health letter to Congress disclosing more about the research.

Manchin, Schumer huddle with Biden in Delaware to discuss spending bill

Senate Majority Leader Chuck Schumer (L) and Sen. Joe Manchin (R) at the U.S. Capitol on Nov. 13, 2014. Photo: Win McNamee/Getty Images

Sen. Joe Manchin (D-W.Va.) will meet with President Biden and Senate Majority Leader Charles Schumer (D-N.Y.) on Sunday morning in Delaware as Democrats look to reach an agreement on the massive spending measure.

Driving the news: Democrats are still negotiating what to keep in the bill and how to pay for it, with Biden saying on Thursday that the party does not have the votes to raise the corporate tax rate.

4 hours ago - Technology

Scoop: Facebook exec warns of "more bad headlines"

Illustration: Megan Robinson/Axios

In a post to staffers Saturday obtained by Axios, Facebook VP of global affairs Nick Clegg warned the company that worse coverage could be on the way: “We need to steel ourselves for more bad headlines in the coming days, I’m afraid.”

Catch up quick: Roughly two dozen news outlets had agreed to hold stories based on leaked materials from Facebook whistleblower Frances Haugen for Monday publication — but the embargo fell apart Friday night as participating newsrooms posted a batch of articles ahead of the weekend.