Beating Broke

Personal Finance from the Broke Perspective

  • Home
  • About
  • We Recommend
  • Contact
  • Privacy Policy

Powered by Genesis

Turning Plastic into Oil

June 6, 2011 By Shane Ede 4 Comments

Typically, we hear about how much oil we use and turn into plastics.  When you think about it, it does make some sense that you could then turn plastics back into oil.  And you can! Watch this:

Of course, the first thing that comes to mind after watching that is, “Why can’t they do that on a much larger scale, and eliminate a huge portion of our plastic waste?” And, here’s your answer. They can. In fact, here’s an article from 2009 about just such a plant. It’s called the Envion Oil Generator, and the company was getting ready to roll the plants out nationwide at the time. I haven’t heard anything about them since then.

Mr. Fusion
It’s an intriguing idea, really. Take the plastics that we create, and then waste, and turn them back into usable oil. It would probably put a fractional dent in our oil use, but any little bit is better than none, and would help make the oil supply last longer. Of course, there’s the downside that emissions would continue that much longer too, but, frankly, I don’t see the dwindling oil supply as anything more than a epic disaster, so the longer we can offset that, the better. According to that article, the plant can create oil from plastics for about $10 a gallon(oops. Where’s my proofreaders?) Barrel. You’d think the profit margin there would be well worth building a plant or two.

What do you think? Is it a smart thing to do? Useless?

photo credit: the extinction blues

Shane Ede

I started this blog to share what I know and what I was learning about personal finance. Along the way I’ve met and found many blogging friends. Please feel free to connect with me on the Beating Broke accounts: Twitter and Facebook.

You can also connect with me personally at Novelnaut, Thatedeguy, Shane Ede, and my personal Twitter.

www.beatingbroke.com

Filed Under: economy, Green Tagged With: Envion, Green, green technology, oil, plastic, recycle, recycling

  • Facebook
  • Pinterest
  • RSS
  • Twitter

Improve Your Credit Score

Money Blogs

  • Celebrating Financial Freedom
  • Christian PF
  • Dual Income No Kids
  • Financial Panther
  • Gajizmo.com
  • Lazy Man and Money
  • Make Money Your Way
  • Money Talks News
  • My Personal Finance Journey
  • Personal Profitability
  • PF Blogs
  • Reach Financial Independence
  • So Over Debt
  • The Savvy Scot
  • Yes, I am Cheap

Categories

Disclaimer

Please note that Beating Broke has financial relationships with some of the merchants mentioned here. Beating Broke may be compensated if consumers choose to utilize the links located throughout the content on this site and generate sales for the said merchant.

Visit Our Advertisers

Need to change careers? Consider an Accounting Certificate Program from WTI.