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Are oil companies' big bets on plastics in peril?

from Houston Chronicle

With countries moving quickly to reduce their reliance on burning fossil fuels to help combat climate change, the industry had planned to pick up the slack by increasing the production of natural gas - cleaner burning than oil - and chemicals, including plastics. For now, they do not appear too worried. A Shell executive told the Financial Times that a worldwide ban on single use plastics would only mean a demand decline of 3 to 4 percent. more


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