As leaders gather in Santa Marta for the Conference on Transitioning Away from Fossil Fuels, our expert @dlevialvares.bsky.social explains why a fossil-free future must include tackling petrochemicals. 🧵 - 1/5 ⬇️
3) According to ENI, the value of the dispute it intends to initiate is €800,000.
As oil and gas prices surge amid a devastating war, ending fossil fuel dependence has never been more urgent.
👇 Via @apnews.com, our expert @dlevialvares.bsky.social explains: to fully phase out fossil fuels, the world must tackle petrochemicals: bit.ly/4mpC5ZJ
A 🧵 on the task ahead - 1/4
as @dlevialvares.bsky.social and @tris-sia.bsky.social point out in this report, plastics continue to a blindspot in coverage of the current conflict
a plausible scenario is that demand destruction for oil + gas in energy systems leads to even more aggressive expansion into petrochemicals
CIEL’s @dlevialvares.bsky.social joined @france24.com to discuss decoupling our economies from fossil fuels.
Key takeaways from Santa Marta:
🌱 Moving to concrete action/roadmaps.
🌾 Decoupling food from fossil gas/fertilizers.
🔄 Changing systems (like food) over simple swaps.
Watch: bit.ly/42FX3KI
At Santa Marta, petrochemicals must be treated as a core part of the phaseout to uproot the fossil economy in its entirety.
This is the only pathway to a stable, resilient, and just future.
👉 Read our full analysis: bit.ly/4dPC7rx
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It’s simple: you can’t have a "phaseout" if you leave the back door wide open.
While climate policies target the fuels we burn, the industry is banking on a massive petrochemicals expansion to stay profitable. If we don’t stop it from happening, we can’t truly transition.
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To dismantle this lifeline, we must stop this petrochemical expansion from happening.
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The industry’s "lock-in strategy" isn't accidental. It’s a survival tactic.
By scaling up materials like plastics, synthetic fibers, or fertilizers, our global economy remains dependent on fossil fuels for decades to come.
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🏦 What do central banks have to do with climate action? More than you think.
The International Court of Justice’s Advisory Opinion makes clear: climate obligations extend to all State institutions. That puts financial authorities on notice.
➡️ Read our new analysis to learn more: bit.ly/4uisNB9