Not necessarily, only for big oil.- bc they are petrochemicals. And most of them already started transitioning into trying to monopolize solar and such (just check out BP), so tbh I have zero sympathy for their profit line.

Alternative solutions, such as organic waste material based plastics and bacterial/ mycellar growth based materials foster innovation, R&D and creates diversified income streams for more diverse groups of society.

A diverse system is a shock proof system. Monocultures, fossil dependence and power concentrated in the hands of a few leaves us vulnerable to economic, ecological and societal crashes and unrest