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, Vladimir, IF we can get Adani’s investors
to revolt.
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.
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:
