The oil and petrochemical industries are betting their future growth prospects on demand for plastics. But plastics demand is likely to peak as the world starts to transition from a linear plastic system to a circular one and governments act to hit climate targets.
Running at full capacity, the Vopak Pacific Canada facility would bring 240 rail cars filled with combustibles through northwest B.C. every day and send 150 oil tankers across the Pacific each year.
One of the most polluted regions of the country is being overrun by a new glut of oil and gas facilities, including one that will emit as much carbon as three coal-fired power plants.
The United States' leading emitter of greenhouse gases has approved 43 petrochemical projects along the Gulf Coast since 2012 that will add millions tons of greenhouse gas pollution to the atmosphere, according to a new study.
