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Russell said non-recyclable plastics are especially promising as a renewable energy source.

"What's really exciting is the plastics-to-oil technologies, because they operate primarily off of plastics that aren't first recycled," Russell said. "For the plastics that get separated, but not recycled, that's perfect feedstock for plastics-to-oil, and from that, we can make either a drop in diesel fuel or crude oil, depending on what the best economic output is."

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