The global plastic binge which is already causing widespread damage to oceans, habitats and food chains, is set to increase dramatically over the next 10 years after multibillion dollar investments in a new generation of plastics plants in the US.
…The new facilities – being built by corporations like Exxon Mobile Chemical and Shell Chemical – will help fuel a 40% rise in plastic production in the next decade
…“Around 99% of the feedstock for plastics is fossil fuels, so we are looking at the same companies, like Exxon and Shell, that have helped create the climate crisis. There is a deep and pervasive relationship between oil and gas companies and plastics.”
…The huge investment in plastic production has been driven by the shale gas boom in the US. This has resulted in one of the raw materials used to produce plastic resin – natural gas liquids – dropping dramatically in price.
…“There has been a revolution in the US with the shale gas technologies, with the fracking, the horizontal drilling. The cost of our raw material base has gone down by roughly two thirds.”
…“In the US, fossil fuel and petrochemical companies are investing hundreds of billions of dollars to expand plastic production capacity… All this buildout, if allowed to proceed, will flood the global market with even more disposable, unmanageable plastic for decades to come.”
…A million plastic bottles are bought around the world every minute with most ending up in landfill or the sea.
Again, straws aren’t really the problem, folks.