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Gold/Mining/Energy : Plastic2Oil, Inc.
PTOI 0.00010000.0%Nov 7 9:30 AM EST

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To: Steady_on who wrote (335)2/15/2012 8:39:41 PM
From: donpatRead Replies (1) of 621
 
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Trash-to-fuel technology has in fact been around since the 1970s and involves burning waste to generate electricity. But that method, no matter how fancy your emissions scrubbers, invariably produces a stew of byproducts that need to be disposed of. Consequently, environmentalists—and some in the industry itself—have remained skeptical of trash-to-fuel. Nevertheless, Rush and his team suspected that entrepreneurs might have cracked the problem and began searching for experimental technologies to invest in. Among the more than two dozen companies Waste Management has recently added to its portfolio are a startup with a specialized method for producing compost, a firm that uses gasification to turn biomass into synthetic gas, and a company that converts mixed and contaminated waste plastic into synthetic crude oil.

Not all of these startups will make it, and it’s possible that most won’t. But Waste Management bosses hope they will help accelerate the transition to an era in which the very idea of garbage itself is garbage—and they want to be positioned to profit when that time comes.

wired.com
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