Plastic Waste to Oil conversion

Sep 16, 2009 09:57

This has serious potential. Anything that allows for more efficient recycling is a good thing.

Quote:

Envion said its new generator can consume any type of plastic and convert it into synthetic oil; depending on the type of plastic, one ton can be converted into three to six barrels of fuel. Envion said it costs about $10 to convert the plastic waste into a barrel's worth of synthetic oil; currently, crude oil sells for close to $70 a barrel.

http://www.washingtonpost.com/wp-dyn/content/article/2009/09/15/AR2009091503264.html?wpisrc=newsletter&wpisrc=newsletter

I needed to read something like this after reading all of the articles on how Wall Street is indirectly planning to blow itself up again. There's too much of a disconnect between them and the consequences that their management style produces. I don't like bailing them out, but I also don't like having a 20-25% unemployement rate and having double the amount of homeless either.
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