Quick interview with Robert West of Ocean Energy Institute

I visited the grand opening of the Ocean Energy Institute. Passing a lone bagpiper holding forth (short mp3) near the entry, I joined the throng streaming upstairs, where, . Amid the roar and chatter of the many folks there, I interviewed Robert West, the managing director of the organization. Kind of a 'getting to know you' interview. An earnest chap. That's West on the left with the red tie. 7 minute recording


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Comment by Ron Huber on July 22, 2010 at 3:21pm
I'm sure you are right. Matthew Simmons is a banker, after all. In fact, he seems to be channeling Charlie Cawley the former head of the former MBNA Bank -of affinity credit card fame.

* Simmons bought Fox Hill estate, from its most recent owner Cawley.

* Cawley fragged deeryards on Ducktrap Mountain in Northport to build cottages for his 100 best friends; Simmons plans to fragment the historically unbroken coastal forests within his newly bought estate on the southern Camden coast, to build cottages for 100 of his best and brighest buds. (The most tasteful and sensitive of forest fragmenters, to be sure, but...)

Cawley bought out a piece of Rockland industrial waterfront (Fisher Plow and general Dynamics) and set up an MBNA telebanking complex there. Simmons plans a test lab in a part of that former MBNA building.

Cawley and Simmons both have restless mercurial personalities; both ended their leadership of the their respective banking enterprises abruptly, then launched new careers in slightly different enterprises. They are both restless, mercurial, brilliant. Thus unpredictable..

I would keep an eye instead on Robert West; (read his e-bio.) He is the patient, practical person here, having designed, redesigned, engineered, reengineered every thing from oil well hydraulics to hemodialysis machines.

While Matt Simmons will be off doing the green energy celebrity circuit and hosting investor klatches for those that hope to hug this particular stock bubble, West will be overseeing the development and production of prototype wind, wave and tidal energy extracting machines.

If anythingtangible comes of this venture, it will be West's doings.
Comment by Long Islander on July 22, 2010 at 2:16pm
Investing money in a green perpetual energy machine, without understanding much beyond the hype du jour, is eerily reminiscient of the mindless investment in dotcom stocks in the late 1990's, with valuations based on clickstreams. The NASDAQ crested at 5,100 in March 2000. It closed yesterday at about 2,180 - more than 10 years later. Clicks, tricks, gusts - it's all the same.

Still sounds just like the oil business - snake oil.
Comment by Ron Huber on July 22, 2010 at 1:47pm
New fool as in....? Investors wanting greenwashed stock?
Comment by Long Islander on July 22, 2010 at 12:57pm
I listened and when I heard the word "IPO" it became clear to me that the quarry is not the wind but the new fool.

 

Maine as Third World Country:

CMP Transmission Rate Skyrockets 19.6% Due to Wind Power

 

Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.

Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT

******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********

(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

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Hannah Pingree on the Maine expedited wind law

Hannah Pingree - Director of Maine's Office of Innovation and the Future

"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."

https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/

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