Plastic of all things might save the planet. According to Ode Magazine, an entrepreneur Akinori Ito has technology that turns plastic into oil, which actually makes sense because that's where plastic comes from.
Ode writes: "His company designed a small, easy-to-use, easy-to-transport machine that gobbles up any sort of plastic, melts it down, turns it into gas, and finally into oil. One kilogram of plastic yields about one liter of oil. This oil can be further separated into gasoline, diesel, or kerosene. That means cars, motorcycles, generators, boilers, and kerosene heaters can all run on this oil."
It's significant because the world produces a lot of plastic. As reported here, worldwide production of plastic grew by more than 500 per cent over the last 30 years. Current annual global production is estimated at over 80 million tones. It's expected to increase by 3 per cent a year.
If the technology is right, if there are no side effects, the potential is enormous.
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