Energy giant promised to turn 1m tonnes of plastic waste into oil each year, but now says goal is unfeasible
Archived version: https://archive.ph/kBfyl
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Advanced recycling was always a greenwash term for we want to burn plastic with extra steps
As it was always unfeasible. The necessary energy input means it's an economically losing proposition unless the government were to take the (absolutely unlikely) step of forcing all plastics, but especially virgin plastic production, to incorporate a heavy carbon tax and environmental impact tax in its pricing.
