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Ok @WoodySpoon so what happens to the economy if coal, gas and...

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    Ok @WoodySpoon so what happens to the economy if coal, gas and petroleum investment grind to a halt? What happens to manufacturing jobs? What happens to the cost of living for the most vulnerable of Australian people? You have no idea about transition on an economy and that is clear. It's not a 5 year process to set up a country the size of Australia with an economy that is geared towards exports. Yes we have made inroads in renewable energy and that is fantastic and it needs to keep progressing but the fluffy fantasy of no more investment whatsoever in fossil fuels is just the same uneducated rhetoric of closed minded people who can't see the bigger picture and want everything done your way now...

    So much of the economy relies on fossil fuel and mineral exports and quite frankly as it stands if that were taken away it would have a devastating effect on the cost of living, employment, manufacturing and so on for everyoneand especially those on low incomes with the rise in cost of production of everyday items.

    Look around your house and living environment and see all of the things that are manufactured directly or indirectly using fossil fuels or by products then think about all of the people who are employed in the manufacturing, distribution, sales and small businesses etc. that rely on this, think about their families that rely on those incomes.

    "Oh but I drive an electric vehicle, I'm green as they come" some might say. That is great but think about the haul truck in the mine that got the iron ore to the train that got it to the port and the ship that got to to the steel mill that turned into steel. Think about the Polypropylene plastics that go into your EV and how they are produced.

    Propylene is obtained, along with ethylene, by cracking naphtha (crude oil light distillate). Ethylene, propylene, and higher alkenes are separated by low temperature fractional distillation. From being a byproduct of ethylene in the early 1950's, propylene is now an important material in its own right.

    Currently, there are about 30,000 parts in a vehicle, out of which 1/3 are made of plastic. In total, about 39 different types of basic plastics and polymers are used to make an automobile. More than 70% of the plastic used in automobiles comes from four polymers: polypropylene, polyurethane, polyamides and PVC.

    Plastics for the Electric Vehicle Market by Plastic Type, Application & Component, EV Type and Region - Global Forecast to 2025 - ResearchAndMarkets.com

    August 10, 2020 01:05 PM Eastern Daylight Time

    DUBLIN--(BUSINESS WIRE)--The"Plastics for the Electric Vehicle Market by Plastic Type (ABS, PU, PA, PC, PVB, PP, PVC, PMMA, HDPE, LDPE, PBT), Application & Component (Dashboard, Seat, Trim, Bumper, Body, Battery, Engine, Lighting, Wiring), EV Type and Region - Global Forecast to 2025"report has been added toResearchAndMarkets.com'soffering.

    “Plastics for the Electric Vehicle Market by Plastic Type (ABS, PU, PA, PC, PVB, PP, PVC, PMMA, HDPE, LDPE, PBT), Application & Component (Dashboard, Seat, Trim, Bumper, Body, Battery, Engine, Lighting, Wiring), EV Type and Region - Global Forecast to 2025”

    Tweet this

    The global plastic for the electric vehicle market is projected to reach USD 2,620.9 million by 2025 from USD 796.9 million in 2020.

    The stringent emission norms and demand for weight reduction in PHEV/ HEV and BEV is estimated to increase the demand for plastics. The interior application segment is estimated to account for the majority of plastic demand in an electric vehicle and the trend is projected to continue during the forecast period.

    Polypropylene is expected to hold the largest share in the market during the forecast period

    As a thermoplastic polymer, polypropylene can easily be formed into almost any shape. It has properties such as low density, chemical resistance, water repellency, and resistance to stress, cracking, and extreme weather conditions. Low cost and flexibility to molding allow them to be used in various components/ automotive parts. Polypropylene is widely used in automotive applications such as bumpers, cable insulation, battery boxes, indoor and outdoor carpets, and carpet fibers. Therefore, polypropylene is projected to have significant demand in electric vehicles throughout the forecast period.

    Asia is estimated to be the largest and fastest-growing region in the plastics for the electric vehicle market

    Asia is projected to dominate the global plastic for the electric vehicles market. As Asia is the largest market for electric vehicles, the demand for plastic is much higher as compared to other geographies. Some of the prominent players catering to plastic demand in Asia include such as LG Chem, Asahi Kasei, Daikin, AGC, Sumitomo Chemical Company, and JSR Corporation. Additionally, with a continuous focus on weight reduction coupled with an increase in the average content of plastic per electric vehicle is anticipated to upsurge the demand of plastic in the near future.

    The market size of plastics for electric vehicles by vehicle and application in Asia is estimated to be valued USD 387 million in 2020 and is projected to reach USD 1,353 million by 2025, registering the CAGR of 28.4%, during the forecast period. China is expected to lead the plastics for the electric vehicle market in Asia between 2020 and 2025 due to the increasing concern to reduce the level of carbon footprints, reduction in the overall weight of the cars, and rising government mandates to promote the adoption of electric cars.


    Perhaps also take a look at how Polypropylene and other plastics are produced in the below link.

    https://extension.psu.edu/how-plastic-is-made-from-natural-gas
    Last edited by removed83: 20/02/21
 
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