Posted on First part by Megan Redshaw, J.D. shared with thanks
Faced with diminishing demand for fossil fuels, the struggling oil and gas industry is investing billions of dollars in new plants designed to produce millions more tons of plastics — and millions more tons of pollution.
As oil companies’ profits sink amid decreasing demand for their product, oil and gas giants are setting their sights on a new market — they’re pouring billions of dollars into new plants designed to produce plastic from chemicals sourced from fossil fuels.
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