Why did a Train Carrying Biofuel Cross the Border 24 Times and Never Unload?
1–10 of 99 posts
Re: Why did a Train Carrying Biofuel Cross the Border 24 Times and Never Unload?
#2Re: Why did a Train Carrying Biofuel Cross the Border 24 Times and Never Unload?
#3If Bioversal/Verdaso employees who cooked this up ever apply to YC, they have a good answer for the "Tell us about the time you most successfully hacked some (non-computer) system to your advantage?" question.
Re: Why did a Train Carrying Biofuel Cross the Border 24 Times and Never Unload?
#4TL;DR: export fraud.
Re: Why did a Train Carrying Biofuel Cross the Border 24 Times and Never Unload?
#5To me this reads like pretty standard fraud, along the lines of carousel fraud[1] which was very common a few years ago.
If nobody is arrested or punished for it, then that's more like weak enforcement than clever use of the system.
http://en.wikipedia.org/wiki/Missing_trader_fraud#Carousel_f...
Re: Why did a Train Carrying Biofuel Cross the Border 24 Times and Never Unload?
#6If Bioversal/Verdaso employees who cooked this up ever apply to YC, they have a good answer for the "Tell us about the time you most successfully hacked some (non-computer) system to your advantage?" question.
It won't be successful if the company pays more in fines than it earned in profit.
Re: Why did a Train Carrying Biofuel Cross the Border 24 Times and Never Unload?
#7> The RINs were supposed to be retired each time the shipment passed the border, but due to a glitch not all of them were.
Inside job? Sounds like the type of "glitch" that was in Office Space.
But probably not (Hanlon)
Re: Why did a Train Carrying Biofuel Cross the Border 24 Times and Never Unload?
#8Good lord... The companies here are dirty, but lets not forget the EPA for creating the problem in the first place!
Re: Why did a Train Carrying Biofuel Cross the Border 24 Times and Never Unload?
#9Good lord... The companies here are dirty, but lets not forget the EPA for creating the problem in the first place!
What problem did the EPA create exactly? They created a rule that the company disagreed with? That does not give them a right to break it. That's not how the law works.
Re: Why did a Train Carrying Biofuel Cross the Border 24 Times and Never Unload?
#10Hilarious. Sounds legal and I doubt they would have done it otherwise. Good example of why most regulation is ridiculous because it's generally easy to find and exploit loopholes.