Fraudulent Concepts in Renewable Energy
Here’s a conversation I have about once a month, this one with a fellow in Bulgaria, who writes:
We are a Bulgarian company, working on R&D projects for OxyHydrogen-based Power Plants.
Our plants use only Distilled Water as a “fuel” and produce low cost power and heat and also cheap Gases – Oxygen, Hydrogen, and OxyHydrogen mixture. The Energy produced is 100% carbon-free, clean and renewable. No sun, no wind needed – just water…….
We are looking for investors to help us develop this project in the range of USD 300,000 – 500,000.
I respond: Sorry. You need to pitch this to people who dropped out of school before they got to 7th or 8th grade science. Btw, I don’t know anything about the securities/fraud laws in Bulgaria, but if you come to the U.S. to raise money for this, there’s a very good chance you’ll wind up on the wrong side of the barbed wire shown above.
He wrote back, utterly furious. Most of them do. “Scientists don’t understand this, etc.” How could I have been so obtuse? Of course, this guy has stood the entire world of chemistry on its head. And all he needs to prove it is a lousy $300K.