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November 20, 2015
By: Calvin Frost
CEO
Dear Bill Gates, Merry Christmas and here’s hoping you have many more. I just finished reading your interview with James Bennett in The Atlantic. Pretty lofty comments and at times a bit casual (and cavalier), at least that was my take. To be fair, I agree with most everything you said, but your approach and solution to reduced CO2 seemed almost simplistic. I have found that it is not. The power of first world countries versus second world economies, political environmentalists, left and right, globally, proven technology versus unproven, and most assuredly, the investment environment of fossil versus renewable, make it extremely difficult. No, it is not simple, unless you ascribe to the thinking of Calvin and Hobbes. Calvin’s answer is, “We’re the problem!” Fortunately, you’re in a position to say and do anything you want. And, you do, and thank goodness you and your wife are using your resources in a positive way. Amen. But, I have a Christmas wish. I now realize I won’t make it on my own. I need a champion like you, who realizes we have a global need and challenge to reduce CO2. I need Santa Claus, aka, Bill Gates. I need $10 million to complete my project. Let me explain… In the late 60’s, I went from the fiberglass industry to the recycling industry. In the mid 70’s I started our company which eventually became a leader in “the recycling of non-recyclables.” Part of the solution was putting non-recyclables into “renewable” energy applications. I began to focus on this solution as a very viable part of our business model. Those materials that couldn’t be reprocessed for reuse went into energy. It fascinated me. All those materials that had been created to be impervious to water and warmth and cold and sun would have a useful end of life by becoming feedstock for energy, renewable energy. What a great story, right? Well, to be honest, this part of our business has never been successful. I made some mistakes, took some wrong turns, chased some wrong partners, and so on. In the process, I blew a lot of money. I think I lost sight of reality – the fact that America doesn’t even have an energy policy, much less a renewable energy policy. If oil is cheap, we move to oil. If gas is cheap, we move to gas. The hell with what manufacturing these feedstocks does to the environment. Move over baby, I’ve got cheap energy – and that means profiit!
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