Episode 956: Think Tank: Chemicals to benefit as global “green war” gets underway

The chemical industry will benefit from a massive flow of low carbon state funds and incentives as competition intensifies between the US, Europe and China. -          More competition and state intervention in green investment-          EU disadvantaged by differences between member states-          US and China clearly identify investment targets, Europe does not-          EU industry frustrated over lack of clarity, red tape-          EU needs clear plan to stimulate affordable, green energy-          Chemicals need vast amounts of renewable energy to decarbonise-          Automotive sector electrification to accelerate-          Chemicals will lose access to petrochemical feedstocks