Paradoxes of #FossilFuels that contribute to #CarbonLockIn, by @JPTilsted:
1. "Everywhere, yet [made] invisible" (slow violence is overlooked);
2. "needed" [claim producers] yet inherently problematic, history of self-regulation a failure;
3. Booming, yet sector in decline
#fossilfuel producers are adding massive capacity, boosted by #plastic production, but industry projections for "transformative change" continue to dispose (yellow) + mismanage (red) plastics. @JPTilsted at @LUCSUS_LU seminar 2/n
Who produces and owns #fossilfuels? Wide range of actors including int'l + national oil firms, states, but also petrochemicals, "emerging market firms". "co-evolution of energy and engineering." Indirect ownership hard to trace + reinforces lock-in, shows @JPTilsted 3/n
Analysis of networks and ownership structure in petrochemical industry by @JPTilsted using @CDP database to analyze >38,000 subsidiaries of top 50 companies.Innovation focused on incremental improvements of existing tech, favors multi-nationals, creates barriers to new entry. 4/n
Preliminary network analysis by @JPTilsted of @CDP database shows "all major multinational petrochemical companies are connected". Plastics, petrochemical, fertilizers highly integrated, e.g., through joint ventures. Shifting $ btwn these fossil uses locks in existing regime. 5/n
Biobased + circular + degrowth economy (all 3) would be needed for sustainable #plastics, says @JPTilsted. One or two legs of the "stool" would not be sufficient. Must address both production + consumption with a systems perspective. 6/n
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