The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 5 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Miller: 100% battery backup for Germany's grid would cost $270T
“And the back of the envelope math says, well, in order for Germany to be a hundred percent renewables plus a hundred percent battery, the battery piece of that equation was 270 trillion dollars.”
Miller: Good carbon capture projects yield 20–30% unlevered IRR and 3–6x returns
“A good project in carbon capture might be an unlevered 20 to 30% rate of return might be somewhere around three to six times your money. These are competitive with traditional private equity economics.”
Miller: Complex financial engineering in deals leads to participant misalignment
“I don't like complicated financial engineering. I don't like inserting puts and calls and preferred equity and ring fencing debt securities because maybe I'm too dumb to understand it, but I think that it just ends up with misalignment and transactions where e…”
Miller: Grey Rock pitches financial returns, not climate, to traditional operators
“And what we try to do is merge these worlds together, is just to say, hey, when we're in those conference rooms, realistically, we're not bringing up climate. We just aren't. We're bringing up money. And when we're in other conference rooms, we talk about how …”
Miller: Energy investing is like pharma; tourists get their faces ripped off
“The energy is like pharma. If you're a tourist, you're probably going to get your face ripped off. And if you don't know a component piece of the energy ecosystem, or maybe the second and third layer of the onion, you can really miss something really bad.”