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Steve1978

03/12/23 8:30 PM

#18808 RE: crowin #18807

Not true... When Pyrolysis is used to create Clean Hydrogen the profit margins are very attractive for corporations. This is why some of the large oil companies like ExxonMobil and others are starting to use Pyrolysis to create Hydrogen. Pyrolysis is the next Oil Gold Rush! Solving plastic waste and creating clean Fuel/Hydrogen. The Federal Gov is putting $10 Billion behind these solutions.

happyglass

03/13/23 8:07 PM

#18857 RE: crowin #18807

What if the $ comes from green credits like I heard it does for tesla? I thought I read the majority of any income they have is from carbon credits not cars? Using the plastic stream that is total waste even if it is less efficient could make sense if the point is cleaning up the environment and eliminating new oil sourcing. As it sits now, it is a trash problem. We are past peak oil so they can use the inputs the people pay them to take in to run their system and the output is a product that is more valuable over time. Just a thought. Efficiency is not really in the equation if there are no more sources of oil every drop counts. Even as more novel energy systems appear oil is needed for the near/mid term. I like they are exploring hydrogen so it is perceived as more green. Additionally there are some applications where only oil will do. The sorting out of contamination that OMR highlighted would be critical. Assuming this is not creepy people taking advantage (always a possibility) hydrogen could be a great step in a new economy.