A Chapter in the Textbook of Fraudulent Clean Energy Investments—And a Message About Fraud Generally
Insofar as we’ve had some level of success in raising investment capital for clean energy start-ups, a visitor to the 2GreenEnergy Facebook page asked me to try to find an investor or two for this (ludicrous) idea.
If you ever think about getting in a business where you’ve (perhaps unwisely) volunteered bits of your time here and there to review new energy technologies, not that I recommend this idea, here’s a textbook case of most of the garbage you’ll come across:
It starts with a protracted statement of the environmental problem that can and will be solved by clean energy, as if anyone doesn’t know that reducing carbon emissions is a good idea. It’s the supposition that a good statement of the problem must mean that the proposed solution has some merit.
After a few minutes of platitudes, it eventually morphs into a “solution” based on technobabble, in a deliberate attempt to mislead and confuse the viewer.
News flash (or, more properly, news from the days in which the Old Testament book Proverbs was being written): “A fool and his money are soon parted.” Anyone stupid enough to believe that there is any validity whatsoever in the concept presented in this video has almost definitely lost whatever money he may have had long, long ago.
Before last November, I used to instruct people whose careers were built around fraud to get out before they wound up in prison. Since that time, we’ve elected such a person to be the President of the United States, who seems impervious to the scandals that surround him that emanate from his deceit, any single one of which would have brought down anyone else in a matter of a few hours.
So maybe fraud isn’t the problem it used to be. I recommend against it, nonetheless.