Oil Industry’s Shift to Plastics in Question as Report Warns $400 Billion in Stranded Assets Possible

But facts, as the saying goes, are stubborn things. And the world we live in today has already changed significantly from the world that existed in 1989, when messaging around plastics, even if untrue, was enough to affect reality for the oil industry.

Global Civilisation to Descend into ‘Hell on Earth’ Unless we Choose a New Paradigm

Leggett’s insider observations vindicate the conclusion that humankind finds itself in the midst of an unprecedented civilisational ‘phase-shift’, in which we are witnessing the slow (and sometimes not so slow) implosion of the old industrial paradigm.