#Country Updates #Kenya #News #Upstream Oil & Gas News

Big Oil Is in Trouble. Its Plan: Flood Africa With Plastic.

Big Oil Is in Trouble. Its Plan: Flood Africa With Plastic.

Faced with plunging profits and a climate crisis that threatens fossil fuels, the industry is demanding a trade deal that weakens Kenya’s rules on plastics and on imports of American trash.

Confronting a climate crisis that threatens the fossil fuel industry, oil companies are racing to make more plastic. But they face two problems: Many markets are already awash with plastic, and few countries are willing to be dumping grounds for the world’s plastic waste. The industry thinks it has found a solution to both problems in Africa.

According to documents reviewed by The New York Times, an industry group representing the world’s largest chemical makers and fossil fuel companies is lobbying to influence United States trade negotiations with Kenya, one of Africa’s biggest economies, to reverse its strict limits on plastics — including a tough plastic-bag ban. It is also pressing for Kenya to continue importing foreign plastic garbage, a practice it has pledged to limit.

Click on the link below for full report

Leave a comment

Your email address will not be published.