Energy giant promised to turn 1m tonnes of plastic waste into oil each year, but now says goal is unfeasible
Archived version: archive.ph/kBfyl
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.
zout@fedia.io 3 months ago
Shell has quietly backed away from each of their environmental pledge. They've done so at least since they moved headquarters to the UK, probably a lot earlier.