The press was full of the story of how Wanxiang bought
Fisker from Kleiner Perkins and how the US Taxpayer was screwed in the deal
that Al Gore’s partners put together for the failed Auto Company. The Green Machine was one of the few if the
only one to blog how Kleiner Perkins and Wanxiang were far closer collaborators than just the
Fisker deal. This link from LLTGM in
March.
KP and Wanxiang are co-owners of Great Point Energy. However it looks like Great Point missed the
point and China will buy Russian gas and pretty much shelve the idea of coal to
substitute natural gas.
KP sold Wanxiang a piece of Missed The Point for a good deal
of money. I can’t say it saddens me that
Wanxiang got taken for a ride by Al Gore and his partners, but it does not make
me happy either. Al is pretty famous for
taking folks who buy him out to court as evidenced by the Al Jazeera deal. I wonder if Wanxiang has the same lawyer as
Al Jazeera? We know that neither uses
the famous Japanese lawyer Mr. So Sue Me.
https://www.greatpointenergy.com/pdfs/pressreleases/GreatPoint-WanxiangMay-21-2012English.pdf
https://www.greatpointenergy.com/pdfs/pressreleases/GreatPoint-WanxiangMay-21-2012English.pdf
From a green perspective it is far batter that the Chinese
get rid of the gangrene idea to make natural gas from coal and buy Russian
gas. This article linked below explains the environmental
effects of making substitute natural gas from coal. My March 2014 article touched on this being
gangrene.
Missed the Point Energy is only one of Kleiner Perkin’s
green bloomdoggles. Interesting that
Vinod the Thermodynamic Clown Khosla is a Board Observer at Great Point. He may now just be a bored observer as China
buys Russian gas and great point becomes what’s the point.
20161007meiqing
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