All posts tagged: gas-for-plastic revolution

One of Biden’s Big Climate Bets Follows an Old Logic

One of Biden’s Big Climate Bets Follows an Old Logic

In a way, the story of American natural gas is a particularly American story, one of entrepreneurial hustle, booms and busts, and a will to find opportunity where nobody’s looked. Of resourceful self-preservation for the sake of self-preservation alone. Of supply needing demand, and of manufacturing that demand through the means at hand, even if the logic is sometimes tough to follow. Natural gas has fueled American homes, American electricity, and, more recently, American plastics, an industry more usually fed by oil. As the grand ambitions for that last endeavor have begun to show signs of waning, the industry has once again pivoted, this time to embrace its potential as part of America’s climate future. When the Biden administration announced this year that its build-out of facilities for hydrogen—a fuel that could help reduce emissions from heavy industry—would have a starring role for natural gas, it was hardly a surprise: The industry appears to have worked hard to ensure its place. The gas industry has had plenty of practice making a case for itself. A …