Energy prices push chemicals groups to explore exit from Europe

But, those factories can obviously operate just fine inside Europe, as they are currently doing so. They just make more profit under the lax Chinese regulations, which are set that way by the Chinese government.

Europe can't legislate China.

So, what should Europe do?

How is it Europe fault's that China is still happily building new coal plants and not regulating industry?

3/4 of refined oil is made up of gasoline, diesel, heating oil and jet fuel. We would import significantly less by just importing those products or just in between products.

I do.

But replacing those with greener alternatives is easier said than done. Petrochemicals are used to make detergents, lubes (industrial and otherwise), tar for roads, plastics, etc... Importing all those things is a massive undertaking I'm not sure we'll benefit from, either financially nor ecologically...

You do understand that petrochemical industry is a nice term for oil refineries? The bit we actually need can be imported no problem, but not all of it, as most should be replaced with greener alternatives.

Sure, let's just import it all instead

"Die" is a bit harsh but stripped of their political influence and cut down to their bone, allowing the parts of these companies that are net negatives in terms of human survival to go under.

And 80% of the other half is used to feed animals, turning every 1000kg of food into 1kg of food.

This

\+ Kicking chemical companies out will just make them behave severely more recklessly somewhere else, which is gonna overally harm the environment

Can’t do much harm? Chemical companies are still dumping forever chemicals (PFAS) in our rivers. With or without a permit to do so. Yes, governments give companies permits to pollute our rivers. Just look at recent examples like 3M polluting the Scheldt:

https://www.reuters.com/business/environment/dutch-government-hold-3m-liable-forever-chemicals-damage-2023-05-23/

Well we have food for 16 billion and half of it is thrown away.

In Europe they can’t do much harm, we have very strict regulations. But without chemical industries, we’ll not have modern society: no food for 8 billions, no tech, no gas and no batteries, no plastic. You want to remove from Europe the chemical industry and than what?

There is a minimum viable petrochemical sector. It's not the current one.

In Europe they can’t do much harm, we have very strict regulations. But without chemical industries, we’ll not have modern society: no food for 8 billions, no tech, no gas and no batteries, no plastic. You want to remove from Europe the chemical industry and than what?

Considering the damage chemical companies do to the environment and public health this sounds like a very good thing for Europe, but they will look for places where the leach is looser and it might be a really bad thing for the planet as a whole. I hope EU governments care enough about that

This is just about the petrochemical industry. They have to die anyway.

Petrochemicals groups were part of the lobbyism shitshow that landed us in these prices.

We cannot all work in the IT field or bank.

When we will all of us be unemployed, not sure we will be able to buy everything from asia or russia.

We just witnessed a month ago that we need an european army/ industry, and some of you think it's good we lose the only things that we still have.

If you want to improve the industry, maintain it in Europe.

European hypocritical green policies continue to export pollution to Asia while undermining the future of their own local industries