Episode 1043: Think Tank: Chemical industry must wake up to climate emergency

BARCELONA (ICIS)—Chemical business leaders need to up their game to end the industry’s reliance on oil and gas as the climate emergency gathers pace.  -          Chemical industry still too wedded to oil and gas-          Post-petrochemical transformation needs to start now -          Must become part of the solution, not the problem-          Developing world growth may slow or go negative, preventing emergence of middle class-          New demand for chemicals to mitigate climate change-          Oil and gas companies may swallow up chemicals companies-          Consumers may consume less energy and materials, so smaller scale plants suitable-          Regulators push demand-side reform to cut consumption