"You mean like the government subsidies everyone on this board has been screaming about for years..."
Yes, those imaginary subsidies. Given a large enough of any hand out, any company can make it no matter how worthless.
As I've said, it would be much better than plastic-to-oil to instead subsidize mixing shredded plastic in with coal to burn in power plants; that would literally provide 50-100% more energy for the same carbon and same plastic reduction. Steam plants are inherently more efficient at producing usable energy than are combustion engines.
Likewise it would be less wasteful to take sorted plastic to recycle it into usable plastic and simultaneously use crude oil to make fuel, much like people are already doing...rather than turning plastic into oil and using crude to make more plastic. Plastic to oil is a loser all the way around--decades of failure after failure after failure after failure, as well as the math for anyone who does it, have provided strong evidence that turning plastic into oil, while easily done, is worthless.
If PTOI wants to make any money other than by fleecing investors, it's going to need to depend on dumb or corrupt public officials to push through a heavy specific subsidy.
Yes, those imaginary subsidies. Given a large enough of any hand out, any company can make it no matter how worthless.
As I've said, it would be much better than plastic-to-oil to instead subsidize mixing shredded plastic in with coal to burn in power plants; that would literally provide 50-100% more energy for the same carbon and same plastic reduction. Steam plants are inherently more efficient at producing usable energy than are combustion engines.
Likewise it would be less wasteful to take sorted plastic to recycle it into usable plastic and simultaneously use crude oil to make fuel, much like people are already doing...rather than turning plastic into oil and using crude to make more plastic. Plastic to oil is a loser all the way around--decades of failure after failure after failure after failure, as well as the math for anyone who does it, have provided strong evidence that turning plastic into oil, while easily done, is worthless.
If PTOI wants to make any money other than by fleecing investors, it's going to need to depend on dumb or corrupt public officials to push through a heavy specific subsidy.
Plastic2Oil, Inc. (PTOI) Stock Research Links
Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.
