Thrills from Spills

by Richard T. Stuebi

The oil spill in the Gulf continues to astound. It’s now reported that BP (NYSE: BP) has spent $350 million so far on clean-up, and that the total tab will run $2-14 billion.

Maybe BP can make up the billions in lost shareholder value via other dubious means: is running odds on whether the containment strategy being attempted will decrease or increase spill rates.

In this ecological disaster, a lot of dollars and not much sense is involved.

Richard T. Stuebi is a founding principal of NorTech Energy Enterprise, the advanced energy initiative at NorTech, where he is on loan from The Cleveland Foundation as its Fellow of Energy and Environmental Advancement. He is also a Managing Director in charge of cleantech investment activities at Early Stage Partners, a Cleveland-based venture capital firm.

2 replies
  1. whatbox?
    whatbox? says:

    Greetings from Bangalore,As an innovator in the cast of Viktor Schauberger, Tesla and Bucky Fuller, I'd like to inform you that I have a technique and methodology to solve the Deepwaterwater Horizon Leak and spill.It utilizes the methods and forces of natures as against the current approaches being used by BP et. al. of force over force, always a losing proposition. I can go into what I'm proposing in depth, but at the appropriate time and to the appropriate audience.Please take a look at the site I have created (albeit hastily and I am not web-designer).If it strikes a chord, all I ask is that you send it on to your mailing list of senators and their aides, possibly people in the O&G industry that you have cultivated as contacts, newspapers in LA who have more on-the-scene access to the people involved or and especially Houston, from where this disaster is currently being mis-managed.The web-site address is: have an impeccable background to make the claims I'm making, but we can leave all of the vetting and due diligence to BP and their ilk. Thanks in advance,VivekAnandBangalore,India

  2. whatbox?
    whatbox? says:

    Mr. Stuebi, my company, AND C, on whose site I have posted my Deepwater Horizon Solution Call, has many other breathtaking ideas/designs that are very much in the Cleantech space.Oilternative Energy I call them.Please do get in touch via the site if you feel called.Regards,VivekAnand

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