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Fossil Fuel Industry Looks to Profit With Plastics
By Ajit Niranjan
In the last 10 years, companies including BP, ExxonMobil and Shell have invested $89 billion (€82 billion) in 210 chemical projects linked to America's shale gas boom alone, according to the American Chemistry Council. And a further 133 projects are being planned or in the process of being built.
Petrochemicals, which make up 99% of all plastics, are the versatile building blocks of modern life. Derived from petroleum and fossil gas, they are found in clothes, paper, fertilizers and cleaning products — and even food preservatives and medicine.
Petrochemicals are rapidly becoming the largest driver of global oil consumption, a report by the International Energy Agency found in 2018. They are set to account for a third of the growth in demand to 2030 and half of the growth to 2050, ahead of trucks, planes and ships.
As demand for fuel peaks, petrochemicals may be the "last man standing," said Theo Jan Simons, a plastics and chemicals expert at consultancy McKinsey.
Energy companies have recognized that shift in official documents.
Saudi Aramco said in a recent investor report that its chemical investments have removed risk from its portfolio. Shell, in a 2018 energy transition report, said that strong earnings from its downstream business — which includes petrochemicals — have helped offset a downturn in oil and gas prices.
ExxonMobil said last year that growth in chemicals could counter falling fuel demands from electric cars, Mother Jones reported earlier this month, while BP has excluded petrochemicals from its recent pledge to go carbon-neutral by 2050.
With fuel demand depressed by coronavirus and a price war threatening to pump out more oil, the industry's traditional revenue streams are on even shakier ground. That could spur them to make more petrochemicals for a market that some analysts warn is already saturated.
Plastic Pollution Already Dangerous
Plastic production has increased about 200-fold since 1950, but only 9% of the plastic ever made has been recycled, according to a study published in the journal Science Advances in 2017. The rest of the waste was burned or thrown into landfills and nature, where it is growing into a symbol of ecological neglect.
What's more, plastic also carried a carbon footprint in its production and when burned as waste. This is responsible for about 2% of global emissions, though the net effect on the climate may be lower, because plastic packaging reduces food waste and lightweight plastics save fuel in transport.
The Center for International Environmental Law (CIEL) projected in a report last year that annual global plastic emissions will rise from 0.86 gigatons of carbon dioxide in 2019 to 2.8 gigatons by 2050 — or the equivalent of building 400 medium-sized coal plants.
Supply, Demand for Plastics an Illusion?
Despite its many uses, some experts say the proliferation of plastics is not driven by demand.
For decades, oil and gas companies needed to create markets for byproducts or manage them as waste streams, and responded by creating new markets, said Carroll Muffett, president of the Center for Environmental Law and lead author of the report on plastics and climate change.
"We're seeing that very clearly with the market for single-use plastics. Much of that increase is driven not by consumer demand but [the] need to offload supply," said Muffett.
A spokesperson for Shell disputed this, saying that the company was expanding its chemicals business to meet the rising demand from economic growth. Echoing this, Simons, the McKinsey consultant, also said the rise in petrochemicals is in line with growth of the overall economy.
Still, in a market beset by green technology and volatile geopolitics, petrochemicals may represent a more stable source of revenue than fuel.
There is a growing emphasis by the fossil fuel industry to make more plastic because of falling oil demand and prices, said Kevin Stairs, chemicals policy director at Greenpeace EU.
A price war between Russia and Saudi Arabia on the back of the coronavirus pandemic pushed oil prices down 30% at the start of March. The fall, according to market research from Wood Mackenzie, is set to result in a "severe overcapacity" of ethylene, the biggest petrochemical by volume and value and the foundation of plastic bags and bottles. Other experts argue that a slowdown in the economy might decrease demand and spur the industry to cut production.
Plastic Falling out of Favor With the Public
From coastal villagers lamenting spoiled beaches to citizens concerned about microplastics in drinking water, communities have pressured governments into regulating plastics.
Across Africa, 34 countries have banned or taxed single-use plastics, according to the United Nations. China and India plan to phase them out by 2022. A rise in alternative materials and a shift toward circular economies have put petrochemical producers under pressure, said Hans-Josef Fell, president of think tank Energy Watch Group.
Oil and gas companies have taken a "huge gamble" on demand for plastic that hasn't materialized, said Muffett. "What they're running up against is that the global south is increasingly rejecting plastics in a growing number of forms."
As more and more countries turn away from plastic, "the case that there's some massive unmet market out there begins to crumble," he added.
Reposted with permission from DW.
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By Joe Roman and Taylor Ricketts
The COVID-19 pandemic in the United States is the deepest and longest period of malaise in a dozen years. Our colleagues at the University of Vermont have concluded this by analyzing posts on Twitter. The Vermont Complex Systems Center studies 50 million tweets a day, scoring the "happiness" of people's words to monitor the national mood. That mood today is at its lowest point since 2008 when they started this project.
The Hedonometer measures happiness through analysis of key words on Twitter, which is now used by one in five Americans. This chart covers 18 months from early 2019 to July 2020, showing major dips in 2020. hedonometer.org<p>These same tweets also indicate a potential salve. Before pandemic lockdowns began, doctoral student <a href="https://scholar.google.com/citations?user=0P0ZYbIAAAAJ&hl=en" target="_blank">Aaron Schwartz</a> <a href="https://doi.org/10.1002/pan3.10045" target="_blank">compared tweets before, during, and after visits to 150 parks, playgrounds and plazas</a> in San Francisco. He found that park visits corresponded with a spike in happiness, followed by an afterglow lasting up to four hours.</p><p>Tweets from parks contained fewer negative words such as "no," "not" and "can't," and fewer first-person pronouns like "I" and "me." It seems that nature makes people more positive and less self-obsessed.</p><p>Parks keep people happy in times of global crisis, economic shutdown and public anger. Research has also shown that transmission rates for COVID-19 are <a href="https://www.sfchronicle.com/news/article/Is-risk-of-coronavirus-transmission-lower-15287602.php" target="_blank">much lower outdoors than inside</a>. As scholars who study <a href="https://scholar.google.com/citations?user=yFzb2EUAAAAJ&hl=en" target="_blank">conservation</a> and how nature <a href="https://scholar.google.com/citations?user=CCnUeN8AAAAJ&hl=en" target="_blank">contributes to human well-being</a>, we see opening up parks and creating new ones as a straightforward remedy for Americans' current blues.</p>
Park Visits Are Up During the Pandemic<p>According to the Hedonometer, sentiments expressed online started trending lower in mid-March as the impacts of the pandemic became clear. As lockdowns continued, they registered the lowest sentiment scores on record. Then in late May, effects from George Floyd's death in police custody and the following protests and police response once again could be seen on Twitter. May 31, 2020 was the saddest day of the project.</p><p>Recent surveys of park visitors around the University of Vermont have shown people <a href="https://osf.io/preprints/socarxiv/sd3h6" target="_blank">using green spaces more</a> since COVID-19 lockdowns began. Many people reported that parks were highly important to their well-being during the pandemic.</p>
<div id="4c7e4" class="rm-shortcode" data-rm-shortcode-id="bc0ac146ab2a94228f32d973fc2ab272"><blockquote class="twitter-tweet twitter-custom-tweet" data-twitter-tweet-id="1289428912879964160" data-partner="rebelmouse"><div style="margin:1em 0">#Goldengatepark #sf #quarantinemood https://t.co/9l3ufnbkt6</div> — Suvd (@Suvd)<a href="https://twitter.com/Suvd19486406/statuses/1289428912879964160">1596258783.0</a></blockquote></div><p>The powerful effects of nature are strongest in large parks with more trees, but smaller neighborhood parks also provide a significant boost. Their impact on happiness is real, measurable and lasting.</p><p>Twitter records show that parks increase happiness to a level similar to the bounce at Christmas, which typically is the happiest day of the year. Schwartz has since expanded his <a href="https://arxiv.org/pdf/2006.10658.pdf" target="_blank">Twitter study</a> to the 25 largest cities in the U.S. and found this bounce everywhere.</p><p>Parks and public spaces won't cure COVID-19 or stop police brutality, but they are far more than playgrounds. There is growing evidence that parks contribute to mental and physical health in a range of communities.</p><p>In a 2015 study, for example, Stanford researchers sent people out for one of two walks: through a local park or on a busy street. Those who walked in nature showed <a href="https://doi.org/10.1016/j.landurbplan.2015.02.005" target="_blank">improved moods and better memory performance</a> compared to the urban group. And a team led by <a href="https://penniur.upenn.edu/people/eugenia-gina-south" target="_blank">Gina South</a> of the University of Pennsylvania showed in a 2018 study that greening and cleaning up blighted vacant lots in Philadelphia <a href="http://dx.doi.org/10.1001/jamanetworkopen.2018.0298" target="_blank">reduced local residents' feelings of depression, worthlessness and poor mental health</a>.</p>
Creative Strategies<p>It isn't easy to create new parks on the scale of San Francisco's Golden Gate Park or the Washington Mall, but smaller projects can expand outdoor space. Options include greening vacant lots, closing streets and investing in existing parks to make them safer, greener and shadier and support wildlife.</p><p>These initiatives don't have to be capital-intensive. In the University of Pennsylvania study, for example, renovating a vacant lot by removing trash, planting grass and trees and installing a low fence cost only about US$1,600.</p><p>Urban green space is most needed in neighborhoods that have lacked funding for parks, especially given <a href="https://www.nytimes.com/2020/04/08/nyregion/coronavirus-race-deaths.html" target="_blank">COVID-19's disproportionate impact on Black and Latinx people</a>.</p><p>Cities can also create parklike spaces by <a href="https://theconversation.com/with-fewer-cars-on-us-streets-now-is-the-time-to-reinvent-roadways-and-how-we-use-them-140408" target="_blank">closing streets to cars</a>. Many cities worldwide are currently retooling their transportation systems for the post-COVID-19 world in order to <a href="https://thecityfix.com/blog/bicycles-slower-speeds-livable-city-paris-mayor-anne-hidalgo-plans-ambitious-second-term-dario-hidalgo/" target="_blank">reallocate public space</a>, widen sidewalks and make more space for nature.</p><p>Urban designers, artists, ecologists and other citizens can play a direct role, too, creating pop-up parks and green spaces. Some advocates <a href="https://www.bloomberg.com/news/articles/2017-09-15/a-brief-history-of-park-ing-day" target="_blank">transform parking spaces into mini-parks</a> with grass, potted trees and seating for just the time on the meter, to make a larger point about turning so much public space over to cars.</p><p>Or cities can invest a little more. Minneapolis, Cincinnati and Arlington, Virginia, have won <a href="https://www.tpl.org/parkscore" target="_blank">national recognition</a> for their ambitious investments in public park systems. These areas could serve as models for neighborhoods that lack access to parks.</p>
<div id="25fd0" class="rm-shortcode" data-rm-shortcode-id="383f0d2df0237e9359c30dcce6cd6c42"><blockquote class="twitter-tweet twitter-custom-tweet" data-twitter-tweet-id="1276558744835379201" data-partner="rebelmouse"><div style="margin:1em 0">Looking to safely get outside? Check out the best parks for social distancing in this year's top ten ParkScore citi… https://t.co/HJjEtDsrTD</div> — The Trust for Public Land (@The Trust for Public Land)<a href="https://twitter.com/tpl_org/statuses/1276558744835379201">1593190296.0</a></blockquote></div>
A New Park Deal?<p>The United States has historically driven economic recovery with major infrastructure investments, like the New Deal in the 1930s and the 2009 <a href="https://www.investopedia.com/terms/a/american-recovery-and-reinvestment-act.asp" target="_blank">American Reinvestment and Recovery Act</a>. Such investments could easily include nature-positive spaces.</p><p>Parks are not panaceas, as evidenced by the widely publicized <a href="https://www.nytimes.com/2020/07/06/nyregion/amy-cooper-false-report-charge.html" target="_blank">racist confrontation between a white woman and a Black birder</a> in New York's Central Park in early July. But Hedonometer data add to a <a href="https://advances.sciencemag.org/content/5/7/eaax0903?utm_source=miragenews&utm_medium=miragenews&utm_campaign=news" target="_blank">growing body of evidence</a> that they provide <a href="https://doi.org/10.1073/pnas.1807504116" target="_blank">clear mental health benefits</a>. Creating and expanding parks also <a href="https://www.nrpa.org/contentassets/f568e0ca499743a08148e3593c860fc5/economic-impact-study-summary.pdf" target="_blank">generates jobs and economic activity</a>, with much of the money spent locally.</p><p>We believe investments in nature are well worth it, offering both short-term solace in difficult times and long-term benefits to health, economies and communities.</p>
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New York State Attorney General Letitia James announced Thursday that she will attempt to dismantle the National Rifle Association (NRA), arguing that years of corruption and mismanagement warrant the dissolution of the activist organization, as CNN reported.
<div id="7eb49" class="rm-shortcode" data-rm-shortcode-id="83819841e380a7072ec66d3186c160e8"><blockquote class="twitter-tweet twitter-custom-tweet" data-twitter-tweet-id="1291705003984510977" data-partner="rebelmouse"><div style="margin:1em 0">🚨RESPONSE to #Mauritius #OILSpill 🚨 “Once again we see the risks in oil: aggravating the #ClimateCrisis, as well as… https://t.co/PBLioZat6X</div> — Greenpeace Africa (@Greenpeace Africa)<a href="https://twitter.com/Greenpeaceafric/statuses/1291705003984510977">1596801446.0</a></blockquote></div><p>"There is no guaranteed safe way to extract, transport and store fossil fuel products. This oil leak is not a twist of fate, but the choice of our twisted addiction to fossil fuels. We must react by accelerating our withdrawal from fossil fuels," Greenpeace Africa Senior Climate and Energy Campaign Manager Happy Khambule said in a <a href="https://www.greenpeace.org/africa/en/press/11864/greenpeace-africa-response-to-mauritius-oil-spill/?utm_campaign=oil&utm_source=t.co&utm_medium=post&utm_content=single-image&utm_term=mauritius-oil-spill-reactive" target="_blank">statement Friday</a>. "Once again we see the risks in oil: aggravating the <a href="https://www.ecowatch.com/tag/climate-crisis" target="_self">climate crisis</a>, as well as devastating oceans and <a href="https://www.ecowatch.com/tag/biodiversity" target="_self">biodiversity</a> and threatening local livelihoods around some of Africa's most precious lagoons."</p>
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