Paper and canvas bags already do this. What an engineering marvel.
To be fair, corn is much faster to regrow than trees if we’re talking about this vs. paper.
Hemp as well. I’m certain we could make some sort of plastics with hemp, we can make practically everything from hemp. The added benefit of hemp is that it stores 85% of the excessive amount of carbon it consumes in its roots, so we can do whatever we want with the rest of the plant, harvest the roots, compress them into a cube much denser than water, drop them into the Mariana Trench, and not worry about that carbon for a few hundred million years.
I like cannabis sativa for it’s medicinal and psychoactive properties, but I love cannabis sativa for its material, ecological, and agricultural properties. It’s a damn fine plant
Whilst paper and canvas is biodegradable, plastic as a material has certain useful traits compared to paper and canvas, hence why making/developing similar biologically based and degradable materials helps reduce our reliance on it.
Examples of such traits: Liquid resistance, non-permeable to water, see-through.
And the #1 most important factor, and why plastic bags are the most common:
The cost
If we can’t find a cheaper solution, it won’t be adopted without regulations.