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It all starts with a machine known as the Plastic-Eating Monster. Thousands of pounds of shredded milk jugs, water bottles and grocery bags tumble into a large tank, where they're melted together and vaporized. This waste comes from landfills and dumps from all over the United States.
..."We don't make a synthetic 'other' product that has problems," he says. "We make an in-spec fuel like everyone else. If anything, the word 'alternative' has a stigma attached to it...
"They're getting value from something that would otherwise go to the landfill," he says, "because the plastics most of them are looking for, the plastics that are not easily recycled, they're of low quality or mixed-plastic types, or they're dirty — things that wouldn't be accepted into a recycler."
And because there's no lack of waste-plastic supply, and no lack of demand for oil, Maxted says JBI's technology has the potential to transform both industries.
Originally posted by TrueAmerican
What I don't understand about this is that if it costs 10 bucks per barrel to produce, why is there such a high markup to 100 bucks a barrel? I thought the idea was to bring the cost down!
No, that wasn't the idea. The idea is to make money, just like every other greedy capitalist there is.
Originally posted by Glargod
I would like to see a razor blade that lasts for 100 years.
Originally posted by tothetenthpower
It just compounds the problem and provides more power to the oil companies. IMO these are just ploys created by them in order to justify their continued existence, in a world where they've become obsolete.
~Tenth
Originally posted by Quickfix
reply to post by pteridine
Well I take it you have never heard of this than.
boingboing.net...
That link is to an Island of Plastic two times the size of Texas that weighs 3.5 Million Tons.
I bet that alone has enough capability to make a "dent" in the fuel production world.