4 ms·
Very interesting read indeed. They guy seems to be trying to sell perpetuum mobile. I am amazed that large, well known companies invested in him. Did they faile
by funkyy 13y ago
Very interesting read indeed. They guy seems to be trying to sell perpetuum mobile. I am amazed that large, well known companies invested in him. Did they failed to do proper research?
- adventured 13y agoScience-technology has always had hucksters / snake oil salesmen, and always will. They combine optimism, passion, enough science-speak, futurism, and an aurora of 'this is going to change the world.' Those things will always sell.
- jasonlaramburu 13y agoGood investors recognize that markets>technology. With enough time and money, virtually anything is possible. If Cool Planet does succeed, they will change the way the world uses energy. Chieky is definitely eccentric but he's no more of an a$$hole than Jobs was.
- kazagistar 13y agoDang, that is some strong coolaid they are passing around.
- wlievens 13y agoMarkets are still susceptible to the laws of physics. "Virtually anything is possible" is a pretty meaningless statement.
- DennisP 13y agoIt's not quite perpetual motion, the energy would come from the sun. Start with organic material, use pyrolysis to produce biochar, which you work into soil, along with flammable gases (which Cool Planet wants to turn into liquid fuel). Here's someone else describing the basic concept: http://biocharfarms.org/biochar_production_energy/ http://biocharfarms.org/biochar_production_energy/ The problem is that it won't produce near as much fuel as Cool Planet claims. According to the article, it turns out a lot of big technology investors don't actually consult engineers during due diligence.
- mathattack 13y agoI suspect that a lot of biotech and green energy investors are very good at other things. They came into the money by being good IT entrepreneurs and investors.