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They have Mukesh Ambani on board. He has a special interest in not letting renewable resources flourish as he is the chairman of Reliance Petroleum. A little go

They have Mukesh Ambani on board. He has a special interest in not letting renewable resources flourish as he is the chairman of Reliance Petroleum. A little good PR doesn't hurt though, so why not.

querulous 10y ago
if you were a petroleum producer, wouldn't you want to get in on the ground floor of the thing that makes you obsolete?
- nojvek 10y ago
  If I were a petroleum producer, I want to get in the ground floor. If it does make me obsolete, I can adapt and become the big shark in the new ocean. Did you know BP solar is one of the largest producers of solar?
- brohee 10y ago
  Most petroleum producers rebranded themselves as energy suppliers quite some time ago, hell, even Saudi Aramco is doing solar (http://www.theatlantic.com/magazine/archive/2015/07/saudis-solar-energy/395315/ http://www.theatlantic.com/magazine/archive/2015/07/saudis-s...). It makes sense, age of sail ship owners weren't extinguished by the age of steam, they just went on to buy steamships...
mistermann 10y ago
I think it makes complete sense to have someone from the oil industry to be involved here, they'll offer useful perspective. This isn't your typical international governmental smoke and mirrors show, this is extremely successful men setting out to solve one of the world's biggest problems using their own money.
mikeyouse 10y ago
Mukesh / Reliance have invested hundreds of millions of dollars in algae-based biofuels and other clean-energy technologies in the past decade. I happened to work for one of said companies.. We had regular visits from some of Reliance's most senior engineers, two of whom were on our Board of Directors. For a "PR Move", they sure spent a shitload of time, money, and energy trying to make our technology work.
- dexterdog 10y ago
  What % of the overall business is it? You'd be surprised how little a shitload of money can be for a rich company.
askvictor 10y ago
I'm pretty sure he is well aware that oil is running out ( much faster than coal at least), and is planning for the long term.

They have Mukesh Ambani on board. He has a special interest in not letting renewable resources flourish as he is the chairman of Reliance Petroleum. A little good PR doesn't hurt though, so why not.

querulous 10y ago

if you were a petroleum producer, wouldn't you want to get in on the ground floor of the thing that makes you obsolete?

nojvek 10y ago
If I were a petroleum producer, I want to get in the ground floor. If it does make me obsolete, I can adapt and become the big shark in the new ocean. Did you know BP solar is one of the largest producers of solar?
brohee 10y ago
Most petroleum producers rebranded themselves as energy suppliers quite some time ago, hell, even Saudi Aramco is doing solar (http://www.theatlantic.com/magazine/archive/2015/07/saudis-solar-energy/395315/ http://www.theatlantic.com/magazine/archive/2015/07/saudis-s...). It makes sense, age of sail ship owners weren't extinguished by the age of steam, they just went on to buy steamships...

mistermann 10y ago

I think it makes complete sense to have someone from the oil industry to be involved here, they'll offer useful perspective. This isn't your typical international governmental smoke and mirrors show, this is extremely successful men setting out to solve one of the world's biggest problems using their own money.

mikeyouse 10y ago

Mukesh / Reliance have invested hundreds of millions of dollars in algae-based biofuels and other clean-energy technologies in the past decade. I happened to work for one of said companies.. We had regular visits from some of Reliance's most senior engineers, two of whom were on our Board of Directors. For a "PR Move", they sure spent a shitload of time, money, and energy trying to make our technology work.

dexterdog 10y ago
What % of the overall business is it? You'd be surprised how little a shitload of money can be for a rich company.

askvictor 10y ago

I'm pretty sure he is well aware that oil is running out ( much faster than coal at least), and is planning for the long term.