Bloomberg Businessweek exposes grand fraud.
13 July 2016 – “The Fake Factory that Pumped Out Real Money,” reads the headline. “Making high-quality bio-diesel is hard. Getting paid $100 million to not make it was kind of a snap.”
Green Diesel had reported producing 50 million gallons of biodiesel, making it an important contributor to the EPA’s renewable fuels program.
The company looked like a real factory … from the outside.
When Jeffrey Kimes, an engineer for the Environmental Protection Agency, went to check on the factory, he found “a three-story steel skeleton crammed with pipes and valves, squatted on a concrete slab between a railroad track and a field of storage tanks towering over the Houston Ship Channel,”
But when Kimes looked more closely, he became suspicious.
“Some pipes weren’t connected to anything. Two-story-high biodiesel mixing canisters sat rusting, the fittings on their tops covered in garbage bags secured with duct tape. ”
The company’s founder and chief executive is now serving time.
See entire story:
http://www.bloomberg.com/features/2016-fake-biofuel-factory/
Thanks to Linden for this link
“The real reason behind Green Biodiesel,” says Linden. “The millions of dollars of fraudulent RIMS, (a renewable identification number) force fed to oil companies that are required to blend a percentage of biodeisel with their product or pay huge fines due to regulations derived from climate change,clear air laws.”
The post Fake “green” factory pumps out real money appeared first on Ice Age Now.