Make plastic from coal: that’s the horrifying new plan from Adani
Enterprises. It's an idea so controversial even other fossil fuel
companies are alarmed.
But we can stop it IF we get Adani's biggest investor, Blackrock, to come
out against the plan.
Tell Blackrock to speak up now!
[1]A digitally altered imagine showing coal excavtor digging up coal
alongside a large pile of plastic waste
[ [link removed] ] Sign the petition
John,
Even billionaire coal barons know that the era of coal-fired power is
over. But they're refusing to just leave it in the ground.
So instead they've come up with a horrifying back-up plan: turn their
unburnable coal into the dirtiest plastic on earth.
We’ve just found out that Adani Enterprises has submitted plans to build a
$4bn plant to convert coal dug from its bitterly opposed Carmichael mine
in Australia and turn it into toxic PVC plastic in India.
But we can stop this terrible plan before it ever gets off the ground,
John, IF we can get Adani’s investors to revolt.
[ [link removed] ]Tell Adani's biggest investor Blackrock to oppose Adani’s dirty
plastics plan.
The world already has a plastics problem. And a climate crisis. Adani’s
idea combines the two -- coal based plastics create triple the greenhouse
emissions of conventional plastic.
Even within the fossil fuel industry, converting coal into plastic is
controversial. One oil executive described coal-to-plastics plants
as “massive CO₂ machines that make chemicals as a sidestream.”
And it's not just environmental damage to be concerned about. PVC plastic
production creates more toxic outputs than any other form of plastic,
leaving workers and nearby communities at far greater risk of deadly
health impacts.
But here's the thing: these plans are new and Adani can only embark on
this massively controversial and risky $4bn plan if its investors are on
side.
We've succeeded at getting Blackrock to use its influence over Adani
before. If we raise our voices together we can create global pressure on
Blackrock to withdraw its support from Adani Enterprises over these toxic
plans.
[ [link removed] ]Sign the petition: Blackrock say NO to Adani’s toxic coal plans.
Investor pressures matter: last year, thousands of SumOfUs members joined
a global push to stop the State Bank of India (SBI) loaning to Adani's
coal mine. The outcry you helped create forced Blackrock to intervene and
pressure the SBI not to make the loan. Thanks to this intervention the
loan is still stalled!
When we raise our voices, investors like Blackrock listen. That's why we
need to build loud and swift outcry to this terrible proposal. Add your
voice now:
[ [link removed] ] Sign the petition
Thanks for all that you do,
Nick and the team at SumOfUs
More information:
[ [link removed] ]India's Adani Group plans 2m tonne/year coal-to-PVC plant Independent
Commodity Intelligence Services, 24 May 2021
[ [link removed] ]Black coal to white trash Woodrow Wilson International Center for
Scholars, 13 February 2020
[ [link removed] ]Biggest India Bank Torn Between BlackRock and Funding Coal Bloomberg, 3
June 2021
SumOfUs is a worldwide movement of people like you, working together to hold corporations accountable for their actions and forge a new, sustainable path for our global economy.
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