Tech
Why ExxonMobil, Sinopec and Dow Are Betting On Plastic
As the world transitions away from fossil fuels, oil and gas companies are looking towards plastic as their next major growth market, particularly in the developing world. But while producers like ExxonMobil, Sinopec and Dow Chemical are planning for growth, consumers are fed up with plastic waste, and governments around the world are seeking to limit new plastic production.
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Who Makes Money From Plastic?
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@dancyano
January 14, 2024 at 1:34 pm
I hate the ignorance and the poisoning of our world with plastic polution and I side with communities providing awareness about all of this, but making this about skin color… c'mon now, let's be real here 😔
@romanchomenko2912
January 14, 2024 at 1:34 pm
It all depends how you look at plastic waste it can be recycled, broken down into a plax liquid or used as waste to energy. It takes 98 barrels of oil to produce one tonne of plastic so most refineries are catered for the polymer industry. The most important thing is what you do with plastic yes there are rich countries who dump their waste to Africa and from down there no checking at how they dispose it.
@jodabear3039
January 14, 2024 at 1:34 pm
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@jodabear3039
January 14, 2024 at 1:34 pm
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@halilsaylgan4053
January 14, 2024 at 1:34 pm
İn next 20 years all kind of plastics can be degradable by bacterias according to my artificial intelligence powered simulations
@marioxerxescastelancastro8019
January 14, 2024 at 1:34 pm
3:44 The subtitles say “dyes”. It should say “dies”.
@davidisele6223
January 14, 2024 at 1:34 pm
Please make a video about the company ALPLA in Austria. They are one of the world’s biggest plastic packaging producers. Have companies around the globe. They work with massive brands and greenwash their own products by saying that there items are possible to recycle and move the full responsibility to the consumers.
@gabrielmatagne8023
January 14, 2024 at 1:34 pm
No more plastic !!!
@suspendedresolution
January 14, 2024 at 1:34 pm
Hemp based plastics are the only plastics that should be used.
@tylermackenzie9126
January 14, 2024 at 1:34 pm
We use those plastic pellets to lubricate the drill pipe as we drill for more oil and gas, true story
@insidiousstyle
January 14, 2024 at 1:34 pm
Before the 80s we didn’t have plastic bottles. Make these companies recycle or don’t use at plastic at all
@gizznajet1
January 14, 2024 at 1:34 pm
I wish they would recycle more glass like they used too.
@heinousanus9352
January 14, 2024 at 1:34 pm
Plastic in a hole or the ocean beats cancer floating around in the air.
@Kevin_geekgineering
January 14, 2024 at 1:34 pm
plastic is not cheap, is heavily subsidized like gas. so question is who is profiting from this : the oil/chemical companies or end user which will be end up (sooner or later) with an unlivable environment. you know what doesn't matter as long as we won't care
@Kevin_geekgineering
January 14, 2024 at 1:34 pm
I don't think anyone is serious about plastic problem. we have protest against mass shooting, black rights, anti-masks, etc. but giving the scale of this issue and the speed of it's growth, there should be protest everyday everywhere. so what is happening, are we need to smell under our nose to start thinking about it? good and we will because it's already too late
@Tarquin2718
January 14, 2024 at 1:34 pm
No we are not moving away from fossil fuel. Also Plastic is one of the byproducts of oil.
@alantsai700
January 14, 2024 at 1:34 pm
I am Taiwanese, and I felt ashamed when I saw people against Formosa Plastic.
@kylesmith4572
January 14, 2024 at 1:34 pm
People really should think about how many of these single use objects they throw in the trash and try to visualize the impact they have.
If you stop using them, they will stop making them. Besides, sucking out of a straw is rather erotic.
@tomphan7607
January 14, 2024 at 1:34 pm
It is cheaper to make new plastic than recycling old plastic. Meaning it takes more energy and therefore more money. This means every municipal plastic recycling program is a taxpayer funded scam.
@Miki-fl9ez
January 14, 2024 at 1:34 pm
Packaging keeps being necessary.
But the waste of plastics is even worse than just CO2…
@jumbomuffin1316
January 14, 2024 at 1:34 pm
And these corporations run the government. BAN PLASTIC AND STOP WASTING OUR TAX ON SUBSIDIZING THESE POLLUTERS
@jessethomas7949
January 14, 2024 at 1:34 pm
As for as plastic goes. Make them thick and durable. Then add on a premium that the customer will get back when the bottle/jug is returned for cleaning and refilling.
Basically treat it the same way that glass bottles use to be treated.
@ricnyc2759
January 14, 2024 at 1:34 pm
Here's an idea: print some dots or stripes on the plastic… Let's say "magenta dots"…. That color will be uniquely used in products made of plastic.
A machine that can see "magenta" will detect what's plastic and will separate it from the rest of the other disposed material.
That will make recycling plastic more efficient and reduce the cost of recycling.
And this could go further: for different kinds of plastic a unique color to make easy to separate them from the other material.
@ironvoice5079
January 14, 2024 at 1:34 pm
Everyone looks at these big companies making plastic and the lack of recycling effort from governments which is right. The issue comes when we don't change our habits to stop over consuming these plastics.
@jasons8479
January 14, 2024 at 1:34 pm
I would say that producing plastics is less of an evil than burning those fossil fuels and releasing that carbon into the atmosphere. If they'd just increase the price of plastics, petrochemical companies could solve their "profitability problem" in the transition away from burning those fossil fuels, as well as deincentivize people from too easily overusing and wasting those plastics. The words "cheap" and "plastic" don't have to go together. Plastic is a practical material with many wonderful uses, and should be more valuable rather than just casually being such a disposable commodity. Just because something is common and is in demand shouldn't make it less valuable.
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January 14, 2024 at 1:34 pm
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@GD-vz6lj
January 14, 2024 at 1:34 pm
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January 14, 2024 at 1:34 pm
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@heilaw7002
January 14, 2024 at 1:34 pm
Why don't stop people from giving birth? That is the source of demand. That is the source of the problems.
@ossanyberg
January 14, 2024 at 1:34 pm
If not worth recycling, burn plastic in poweplants to generate electricity and central heating like we do in Sweden.
@harrisonmcdonald4566
January 14, 2024 at 1:34 pm
If your videos are already structurally divided into chapters, you should use YouTube's built-in chapters feature to make them easier to navigate.
@elizabethcherry920
January 14, 2024 at 1:34 pm
Do gooders save the world, plus make more unemployment and divide the one's that can afford not to buy something wrapped in plastic from the poor people who have no choice to buy a plastic wrapped item because it is cheaper. Pretty soon 70 percent of the world's population will be on the streets, aye I am one of the poor people and because of these do gooders I can no longer afford a car so I am homebound and if these do gooders have their way I will not be able to afford to eat or drink anything. Plastic is what keeps things affordable, those plastic bowls and spoons, yeah I use them because that is all I can afford, do gooders are you going to buy me a dinner set, yeah I don't think so.
@shivashankar2477
January 14, 2024 at 1:34 pm
Developing world will be the target for advising not to use plastics while developed countries create tonnes of plastic wastes per capita!
@tradeviolin7741
January 14, 2024 at 1:34 pm
Plastic companies should pay cost for cleaning up the mess
@theconcealedmistress
January 14, 2024 at 1:34 pm
Make these corporations pay for the cleanup.
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January 14, 2024 at 1:34 pm
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@Bananaman-hk6qw
January 14, 2024 at 1:34 pm
Why is shell with a British flag? It’s Dutch!
@apekshasamyal
January 14, 2024 at 1:34 pm
Isn't plastic from crude oil , that is fossil fuel 😷
@gjohnston6052
January 14, 2024 at 1:34 pm
I see a parallel with the way we treat our veterans. Once no Longer needed… Could do much better.
@gjohnston6052
January 14, 2024 at 1:34 pm
Cheaper than ever because you are not honest. The cost is our planet.
@AthiestDing
January 14, 2024 at 1:34 pm
Plastic breakes down to a point it fuses with water and comes down in the rain. Whales arent the only ones eating microplastics.