posted on Jun, 6 2010 @ 05:11 PM
Originally posted by JohnPhoenix
Anyone else care to comment on this?
Thanks for the post.
Except for the fact that they chose to use waste from cruel industrial poultry production for their pilot plant, I've been a fan of
thermal-depolymerization for years. I was incredulous when the NYS Public Service Commission excluded it from it's Retail Renewable Portfolio
Standard back in 2004.
Then, in March of 2009, I read here: www.biodieselmagazine.com...
that Brian Appel's company, CWT, filed for chapter 11 bankruptcy. Though, according to the article, "CWT will continue looking for more debt and
equity financing to fund operations and perhaps even future expansion" there is nothing on their website: www.changingworldtech.com...
later than 5.17.2008.
It has been hard to get solid info. on them, which bothers me, but their problems may also have to do with the definition of TDP, and whether or not
it would be eligible for the $1-per-gallon blender’s tax credit.
In any case, I hope TDP gets serious attention from someone who can make a difference, because it is carbon neutral, self-sustaining, can use existing
infrastructure for distribution, and doesn't require engine modifications to be used in vehicles.