95: The Path to Zero-Carbon Plastic | The Real Leaders of Net Zero pt. 4
The Bid
Do You Want No More Fossil Fuels?
Plastics today have a CO2 footprint that is four to five times lower than any of their substitute materials. Even though we're moving away from coal to natural gas, the world still uses more coal every year because many developing countries need coal to be able to electrify their country. The next move doesn't have the same kind of economic incentive that coal tonatural gas had. And that's where a market price on carbon and some subsidy or some tax break for innovative technology investments will have to help.
On this episode of our ‘The real leaders of net zero' miniseries, Dow CEO Jim Fitterling talks with BlackRock’s Mark Wiedman about how Dow is decarbonizing its production processes and why the circular economy can help rid our planet of plastic waste.
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