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$2.28 million to destroy contents of 65 shipping containers, = $35,076 per container I wonder where the bulk of this cost comes from. Transport? Legal fees (
by dwg 6y ago
$2.28 million to destroy contents of
65 shipping containers,
= $35,076 per container
I wonder where the bulk of this cost comes from. Transport? Legal fees (for the petition)?
- thathndude 6y agoFor real. I’ve got a fire pit in my backyard. I’ll knock out a container a day for a couple months for 2.28m
- smnrchrds 6y agoThat's most probably illegal to do. It certainly is where I live.
- t0mbstone 6y agoIn all honesty, though, you could just take them all to a landfill, right?
- kyleee 6y agoYes, I'd prefer a ticket sequestration strategy
- deleted 6y ago[deleted]
- gruez 6y agoThanks to globalization, this is no longer an issue! All you have to do is outsource it to somewhere where it is legal to burn it. Comparative advantage at work!
- sundvor 6y agoIsn't it fantastic to have zero ethics whatsoever?
- p1necone 6y agoBurn it, and spend a million on planting trees or some other form of carbon capture? Probably come out way on top in terms of both CO2 emissions and budget.
- NegativeLatency 6y agoOr bury it
- jjeaff 6y agoOf course not. It would be unethical to -not- do such a thing. You have a fiduciary duty to shareholders!
- sundvor 6y agoBeautiful. Not sure if serious or not (80% certain it is sarcasm, but I could be wrong), however it's a very real discussion that is not new: https://hbr.org/2009/01/no-profits-without-ethics.html https://hbr.org/2009/01/no-profits-without-ethics.html
- scruffyherder 6y agoI’ll happily burn them in China for a slight fee of say 3MM?
- irrational 6y agoWhy is it illegal where you live? Burn ban?
- smnrchrds 6y agoI live in a city and the bylaws prohibit burning garbage. I imagine the main rationale is avoiding the smoke and the smell. I am sure there are also concerns about environmental effects and fire risk.
- dwighttk 6y agoCombine this with that crude oil they were paying someone to take off their hands a while back and you’d be cooking with gas.
- srtjstjsj 6y agoWell, cooking with oil.
- simonh 6y agoA container is 2200 cubic feet. One of those a day is a cubic foot every 10 seconds for an 8 hour day. That’s some fire pit you got there.
- kgermino 6y agoI think it’s mostly paying the vendor who manufactured them. The tickets were created, the vendor wants to get paid, but CEC doesn’t want the product and is in bankruptcy so they are trying to pay ~$1MM less than full price to settle with the vendor and keep the tickets from being sold to someone else.
- dwg 6y agoAh ha. If so that makes sense. Thank you.
- adrr 6y agoI wonder how much they cost. Alibaba shows 1.88 for a roll of 2000 for orders of a 1000 or more. I bet you can push it down to a $1 for that volume not factoring shipping costs. Which would mean all these tickets would cost $3.5mm.
- LinuxBender 6y agoThe containers sell for $5k to $8k each depending on size and condition. Maybe just sell them for $1k each and buyer has to agree to deal with what is in them?
- charliemil4 6y agoNot if you’re “renting” them from the liner. Then depending on the port, it could be an astronomical fee per day
- LinuxBender 6y agoWhat I mean is, if you want to buy a shipping container, they cost $5k to $8k (used). People buy them all the time. If they were doing this in about 9 months from now, I would take some of them off their hands. They could sell them for much less to get rid of them quickly and stop paying the rent.