GreenChipJeff's blog

34 weeks 5 days ago

We all cringed the first time we heard that Solyndra would be the recipient of $535 million in loan guarantees.

Quite frankly, few in the business could make sense of why Solyndra was chosen over so many other solar companies for this kind of loan guarantee in the first place. And of course, the biggest fear was that it would turn out to be a really bad investment that would inevitably be used to attack the entire solar industry.

That's exactly what has happened.

But while the naysayers, laggards and partisan slaves have jumped on the Solyndra debacle faster than...

36 weeks 5 days ago

In July of 2005, I participated in a conference call with the godfather of Peak Oil, Matt Simmons.

Matt told us he thought the United States was headed for a major energy crisis and predicted the price of oil would reach $300 a barrel...

"Imagine when you can’t afford to fill up your car. I’m not talking about for days... but for weeks. Maybe months. There will be riots."

When we pressed him for a solution, he calmly explained we need to do everything we can to delay the day of reckoning.

And that meant...