Replies to post #110763 on Plastic2Oil Inc (PTOI)

[TrueFlaco]

You're correct - not always true but almost always true.

Always a question of incentives and government almost never has the right incentives

[ksilva]

That's right.

That debate is going on in Toronto right now. Pitting union versus private corp. Early estimates say that there may not be much a difference in total costs.

What's interesting is that half of the city's waste collection will be private in a year or two and the other half will be run by the municipality. The unusual split resulted this way because of legacy contracts after the merger of a handful of municipalities. Toronto is an amalgamation, er, 'megacity'. In two years, the debate will finally be settled. Which half of the city does garbage more efficiently? -exciting! lol.

I don't think JBI has to worry about either scenario. Like the mayor of Niagara Falls (or Buffalo?) said, every municipality will want one of these things.

+ 1 shareholders

This week will be interesting.

[azs]

Show me where it is false. Private waste corps are much more responsive than municipal ones. Private firms are more responsive to the retail customers because I can change to a different waste co any time I want to. Private firms are more responsive to the municipality because if they fail to meet the licensing requirements then they will no longer be allowed operate in the municipality. The municipal waste dept is not responsive because they have a monopoly. They can not be fired by the retail customer or by the municipal governing body. Furthermore they have no reason to innovate because they do not need to.