09 Jan '12, 3pm

Cooking grease is now so valuable that people are stealing it:

Who says that clean energy policies don't create jobs? The boom in biodiesel has created not only a new commodities market in cooking grease, but a new business opportunity for security professionals -- not to mention providing work for thieves and black-market fences, which is a kind of job? That’s because fryer oil is now such a valuable resource that people are straight-up stealing it. In recent years, a couple of state governments have realized that cooking grease has a use as a biofuel source and have regulated grease collection. At the same time, though, some less-than-savory characters have realized the grease’s value as well and are boosting it, costing some small rendering businesses losses on the order of $750,000 per year. And so the world comes to this impasse, as described by The New York Times : The grease is often stored in black Dumpsters that reek of death...

Full article: http://www.grist.org/list/2012-01-09-cooking-grease-is-no...

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