by Stacy Feldman -
Mar 20th, 2008
An unfortunate thing happened on the way to record-high oil prices: the energy-intensive chemical industry, supposedly one of the better industries when it comes to greenhouse gas pollution, has embraced coal.
From the trade mag Chemical and Engineering:
Only a few years ago, an executive offering up the idea of making chemicals from coal would have been laughed out of the boardroom.
And now:
With oil priced at more than $100 per barrel, chemical companies are giving coal a serious look as a a feedstock.
A serious look? Wishful thinking. Industry powerhouses have already looked and they're building the giant new coal-to-chemical plants right now.
Bookmark/Search this post with: