What happened to all those promises that fracking was going to bring down polyethylene prices (they have risen significantly of late) and facilitate the re-shoring of manufacturing (where are the jobs) ? This statement is not to minimize my own deep concerns and reservations about the practice of fracking at all. These concerns are significant and serious. Should we build more nuclear reactors on the coast of our oceans in earthquake prone regions ? Anyone want to suggest that as the solution to all of our economic challenges at this point ? I doubt it. At least I would not even consider making such a suggestion.
Susan Freinkel in a article asks “Looking for another reason to worry about fracking? We’re going to bubble-wrap the entire planet with the overabundance of plastic it produces.” She notes that “weaning ourselves from the presence of throwaway plastics in our everyday lives may soon be harder than it’s ever been—thanks to the recent boom in shale gas, of all things”. She shares that “According to the U.S. Energy Information Administration, new developments in drilling and extraction technology have opened the door for the capture of more than 2,000 trillion cubic feet of recoverable gas—enough to take us, at current rates of consumption, into the 22nd century.”
Freinkel writes that – “Natural gas contains many of the vital raw materials that are used to manufacture plastics and chemicals. The new tide of cheap natural gas has launched the petrochemical industry on the biggest building spree it has seen in many years, with many experts predicting enormous increases in production of those plastics most often used in consumer packaging and single-use products.”
“This is the first time in more than a decade we’ve been able to talk about building facilities [and] increasing capacity,” says Steve Russell, vice president of the plastics department of the American Chemistry Council, which her article goes on to share “represents many of the world’s biggest producers of raw plastics and recently produced a report analyzing the impact of the shale gas boom. To date, companies under its aegis have announced plans to spend more than $100 billion by 2020 to build new facilities or expand existing ones.”
“Most of the proposed projects are focused on extracting ethylene from the ethane contained in natural gas. Ethylene is one of the most widely used chemicals in the world—a key raw material for ammonia, antifreeze, vinyl, and rubber. But more than anything else it’s used to make polyethylene: the plastic found in toys and diapers, plastic bags and bubble wrap, milk jugs and squeeze bottles. It’s the chief plastic found in most consumer packaging. Not surprisingly, it’s also the type of plastic most often found floating in ocean garbage patches, thousands of miles from land.” Recycled polyethylene is also the material that our Origins panel product is made of.
With the growth in fracking, any “industry interest in developing greener, biobased plastics has dimmed. When oil and gas prices were higher, the major petrochemical companies were all busy exploring ways to make plastics from renewable feedstocks, such as corn, sugar cane, and sugar beets, as well as from non-food plants (such as algae).” “Anecdotally, that does seem a little off the front burner, compared to where it was,” says Don Loepp, editor of Plastics News.
The United Nations Climate Summit took place in New York City last week. The leaders used the one-day summit to announce plans by governments, investors and financial institutions to mobilize more than $200 billion to finance clean energy and support resilience among vulnerable nations. Several other U.N. initiatives were announced including efforts to reduce methane, a harmful greenhouse gas as well as plans to invest in cleaner transportation and a pledge to end deforestation by 2030. In advance of the summit, there were climate marches in New York City (upwards of 300,000) and other locations around the globe.
“What we can achieve through this conference is to forge a new model of development for the world,” French President François Hollande said. “There will have to be a new pricing system for carbon which will have to serve as a signal for the way we use it. We have to bring into play what finance has in terms of imagination and shift it to serve the good of planet. We need to define a new economy for the world.” France will be the host country for next year’s summit.
A surprising and encouraging statement came from Stephen Heintz, president of the Rockefeller Brothers Fund – “John D. Rockefeller, the founder of Standard Oil, moved America out of whale oil and into petroleum. We are quite convinced that if he were alive today, as an astute businessman looking out to the future, he would be moving out of fossil fuels and investing in clean, renewable energy.” Also encouraging is the stampede of institutional investors who are committing to expediently decarbonize and measure and disclose the carbon footprint of assets under management. Those making the commitment include foundations, individuals, faith groups, health care organizations, cities and universities around the world.
There is HOPE. Somewhere between such conflicting desires as rapidly growing economies with an appetite for more consumer goods (in India plastic consumption had already been forecast to double over the next five years) and the truly scary sides of climate change gobbling up the coasts where much of the planet’s population currently resides (and are certain to find themselves pushed to migrate even if the planet can keep the rise in global temperatures to no more that 2 degrees C by the target date established at the climate summit) is a balance that equals sustainability. I believe such a balance is possible to achieve even in the context of improving the quality of life for people all over the planet. I hope my optimistic perspective proves out. In the meantime, I do my part and try to remember patience, for even though the need seems quite urgent in reality, such changes in human nature tend to evolve slowly.
“Wrap Party” by Susan Freinkel at OnEarth.org posted 04/28/14 – http://www.onearth.org/articles/2014/04/why-the-plastics-industry-is-raucously-celebrating-the-fracking-boom
“Climate summit kicks off with promises of $200 billion for clean energy” by Michael Casey at Fortune.com posted 09/23/14 – http://fortune.com/tag/new-energy/
Blog author ~ Deborah Hart Yemm is co-founder of
Yemm & Hart, a green materials producer