Post by Reinier Grimbergen

If the petrochemical industry is not changing it’s feedstock from crude oil to circular carbon feedstocks the industry’s emissions will triple from 2 Gton/yr today to 6 Gton/yr by 2050. However, recycling and upcyling municipal solid waste (msw) and agroforestry residues can provide all carbon required to replace crude oil. When combined with electrification and some residual Carbon Dioxide Removal (CDR) a Net Zero Circular Chemical Industry can be realized… …but this requires regulations to compensate for the societal costs caused by the use of fossil feedstocks. In Europe we therefore need a strong ETS and CBAM, PPWR, ELVR and support for large investments as for the chemical industry scale does matter, so you either GO BIG or GO HOME! At Blue Circle Olefins we focus with our partners on the commercialization of the Waste-to-Methanol-to-Olefins pathway to contribute to this industrial transformation. Yes we can create a future proof competitive EU chemical industry (if we want to). Cefic VNCI Koninklijke Nederlandse Chemische Vereniging-KNCV VNO-NCW European Commission Ministerie van Economische Zaken en Klimaat Ministerie van Klimaat en Groene Groei Ministerie van Infrastructuur en Waterstaat Planbureau voor de Leefomgeving (PBL) Sociaal-Economische Raad (SER) Wetenschappelijke Klimaatraad (WKR) Wopke Hoekstra Jessika Roswall ChemistryNL ISPT - Institute for Sustainable Process Technology TNO CE Delft Platform Bio-Economie #netzero #circular #regulations #ppwr #elvr #ets #chemicals #energytransition #feedstocktransition #industrialtransformation #methanol #waste #agroforestryresidues #innovation #funding #investments #strategicautonomy #defossilization #renewablecarbon #biobased #msw #ccu #electrification #hydrogen #plastics #polymers #olefins #recycling #upcycling #advancedrecycling #systemthinking #systemchange