Relative Value

ChrisiPK via Wikimedia Commons

One Man's Trash Is Another Man's Treasure

In the news:

A new plant that has opened in Edmonton will use trash diverted from the city's landfill and convert it into biofuels and chemicals.

Given the Oilers' predilection towards converting useful assets into trash, there's a certain dark irony in the city becoming a world leader in converting trash to fuel.

Here are counting numbers from 2014 for two forwards in the same league, previously drafted in the same year:

G/G A/G P/G
Player 1 0.04 0.07 0.11
Player 2 0.44 0.31 0.75

These two were drafted in the same round, with Player 1 going prior to Player 2.

Player 1 was ultimately moved by the team that drafted him, traded for a much better player.

Player 2 was ultimately moved by the team that drafted him, traded for virtually peanuts.

Enerkem CEO Vincent Chornay says the process is slightly more expensive to Edmonton taxpayers than landfilling garbage, but is more sustainable.

Huh.

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