Virginie Montet writes in the telegraph.co.uk,
Frederic Scheer is biding his time, convinced that by 2013 the price of oil will be so high that his bio-plastics, made from vegetables and plants, will be highly marketable.
Scheer, 55, is the owner of Cereplast, a company that designs and makes sustainable plastics from starches found in tapioca, corn, wheat and potatoes.
He has believed for the past 20 years that the price of oil will eventually make petroleum-based plastics obsolete and clear the way for his alternative.
“The tipping point for us is 95 dollars a barrel,” he said. At that price “our product becomes cheaper” than traditional plastic.
Click to read the rest of Potatoes And Algae May Replace Oil In Plastics story.
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I am lucky to have a biodiesel and ethanol plant within 10 miles of me. We aren’t going to get off of our oil addiction easily and more competition in the market makes it better for the consumer.