Keeping Oil Alive
Drilled
Pushkin Industries
4.6 • 2.4K Ratings
🗓️ 6 August 2021
⏱️ 18 minutes
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Summary
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| 0:00.0 | Last episode, we talked about the fossil fuel industry's plan to make up for any revenue |
| 0:17.8 | it might lose as the world transitions away from its products in the residential and transport |
| 0:24.8 | sectors. |
| 0:25.8 | Petra chemicals has become a kind of mantra for the oil industry. |
| 0:30.3 | Thank goodness for petra chemicals because that's where all the growth lies. |
| 0:34.7 | And it's quite interesting if you take the data now from BP and the IAA, probably the |
| 0:40.7 | two leading forecasters of the entire system, then from our calculations about half the |
| 0:48.6 | growth of oil demand at the next 20 years in the IAA numbers is actually from plastics |
| 0:53.8 | and surprisingly enough, it's basically all of the growth in oil demand. |
| 0:58.6 | Today, we're going to dig a bit further into the industry's plan on this front because |
| 1:04.0 | just a couple weeks before that episode came out, a team of journalists from the UK revealed |
| 1:09.8 | the fruits of an undercover investigation they've been running for years. |
| 1:14.7 | A video and a company article in which two former high-level lobbyists for ExxonMobile |
| 1:21.9 | walked through every step of how the company messages and lobbies on climate policy and |
| 1:27.9 | environmental regulations. |
| 1:29.7 | I'm Lawrence Carter. |
| 1:31.2 | I'm an investigative reporter for Unearthed, which is a investigative journalism project |
| 1:37.6 | from the buy-creen based in the UK. |
| 1:40.7 | Awesome. |
| 1:41.7 | And I'm going to play it a little bit from the video that you guys released so that anyone |
| 1:49.9 | who hasn't seen it yet will get a bit of a believer for it. |
| 1:54.2 | This is Keith McCoy, one of ExxonMobile's top Capitol Hill lobbyists. |
... |
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