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Oil companies might INCREASE oil production if the renewable energy really goes meteoric. They'll just use all the cheap renewable energy to ramp up plastic pro
by zzbzq 5y ago
Oil companies might INCREASE oil production if the renewable energy really goes meteoric. They'll just use all the cheap renewable energy to ramp up plastic production.
- ArkanExplorer 5y agoPlastic uses about 8% of oil: https://www.vox.com/energy-and-environment/21419505/oil-gas-price-plastics-peak-climate-change#:~:text=Overall%2C%20plastics%20represent%20a%20fairly,only%20about%20350mt%20are%20plastics https://www.vox.com/energy-and-environment/21419505/oil-gas-.... Many Governments are starting to ban single-use plastic products.
- rsynnott 5y agoWell, er, assuming that demand for plastic rises by about 20 times, maybe…? Like, what’s the motivation here? They’re not Captain Planet villains. Dying industries do not generally hold on out of _spite_; there has to be money in it.