Plastic2Oil Inc (PTOI)

[the big guy]

correct... more or less. There are lots of ways that regulation reduces profitability. The most obvious way is in the area of safety. Working safely costs tons of money, and makes North America less "productive" than many third-world counterparts.

In the nuclear industry, a man working on the reactor face may only perform 1 or 2 max hours of work in a given day. The rest of the time is spent changing to/ from PPE, walking to work, taking breaks, talking about safety, etc...

I was reading yesterday about some guy that died on a scaffolding. Bottom line was the employer was scrimping on safety gear to reduce cost.

What about basic construction safety like lifelines, fall arrest, etc...? it all costs money.

It does not seem important until you see the plaque I saw at Bruce Power. It lists all of the workers that died building the Canadian nuclear fleet and how. Electrocuted, crushed, etc, etc... it does have an impact.

Likewise the environment.

If JBI fails because it did not foresee the requirements to manage it's feedstock of plastic waste, that is JBI's fault. Bottom line. The mission of the DEC is to look ahead 5 years and ensure that there are no "plumes" in the ground that maybe get into the water table... or contamination from plastic waste.

That is what separates us from the Third World. Question: looking the world over, where are the more serious pollution problems? like maybe China? The fastest-growing economy, but basically third-world. It is not over-regulation, it just depends how you look at it.

I don't know if JBI will fail because of this, but it appears that they did not show good foresight in this area.