Robert Kennedy said in a 1966 Cape town speech “There is a Chinese curse which says ‘May he live in interesting times.’ Like it or…
No cash – no business. That’s stone old wisdom. Any LNG venture – even a smallish fuelling outfit – needs a certain amount of cash…
Too much good news can kill an otherwise perfectly healthy project as it raises a lot of alarm bells. Those problems are not to be taken lightly and need careful planning and constant calibrating of the project. But denying that it’s there is not going to make things better as educated partners, customers, officials and investors will not miss out on it.
Hydrogen is often being touted the final solution to all our problems with vehicles and pollution. It does not produce CO2 (at least not directly) and for that fact alone its the darling of the tree huggers. But reality – as so very often – is much more complex. On balance hydrogen is not really the stuff you want in your tank and it comes at a very heavy price.
But America needs to fix its addiction to easy money and the current crisis could have been the best thing happening to the country in a long while for its curative properties. Its going to be bluntet by the shale gas boom as this puts new easy money at the fingertips of politicians.
America rapidly transforms from the energy problem child to become the new el Dorado. The economy is pimped by all the investment going the other side of the Atlantic. The population is blessed with much cheaper fuel and lets not forget – the environment does better than any time after World War 2. Why cant we have that in Europe?
LNG is a fringe fuel – or it still is because we can see it becoming mainstream very fast. The old fuelling world is staging a fierce defense battle. And they will not shy back from making it real ugly to switch. But as Victor Hugo once famously said “You can’t beat ideas when their time has come”.
Many know Colombia for its Emeralds, even more for its wild past during the drug wars. The wars are over and visitors can enjoy one of the most beautiful counties on earth again. But to the energy man, Colombia rings for its huge super high quality coal reserves. But how is coal important to a LNG man?
The late 1970ies saw the rise of various green political movements in Europe. Today they are a fundamental feature of any European parliament. Ever since, they were known as those who would fight for Mother Nature and on the side for progressive politics. Do they?
I have seen many of those plans and they have never worked. Not because they are African. This stuff cannot work if you put it in Europe or North America. Because grand Master plans generally are impossible to realize. They inherently lack flexibility, which is necessary to deal with unforeseen events or twists and turns in the market or the international energy scene.