• Why Plastics Aren't Enough To Save Oil From Ultimate Destruction

    3 days ago - By ETF Daily News

    From Irina Slav : Petrochemicals are Big Oil's big hope for the future-the distant future. Petrochemicals are used in thousands of products, with the biggest group among these being single-use plastic products. The bad news for oil is that green initiatives around the world are mounting and many of them are targeting precisely this group of products.
    The latest such initiative came from Kenya. Last month, the East African country introduced what is considered one of the toughest bans on plastic bags globally. The making, marketing, and use of plastic bags carry fines of up to US$38,000 or...
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