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

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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