Clean energy executive Shalini Ramanathan highlights the rapid market share growth of Chinese automaker BYD.
Assertion Not checkable as stated
Ramanathan: Wind and solar returns cannot match oil and gas returns
“Wind and solar are becoming commodities where the returns are not anything like what you get in oil and gas.”
Prediction Not checkable as stated
Ramanathan: Traditional project finance models cannot scale to triple renewables
“And it strikes me that we're not going to triple, you know, the renewed installed renewables using this model. I think we need something radically different, and it's exciting to think about what that might look like.”
Assertion Contradicted
Ramanathan: Average AI usage carries the environmental impact of five cars
“Average use of AI, so not like building deep fakes, but just like, you know drafting emails, that kind of thing that I, you know, I think everyone will be doing soon enough. That kind of average use has because of the computing demand involved, has the environ…”
Opinion
Ramanathan: Cleantech SPAC growth projections were not backed by performance
“I think the SPAC market especially, I think a lot of companies that use that you know, that pathway to IPO-ing, they really had massive growth stories, and that wasn't underpinned by actual performance or by the technology curve and where they were on it.”
Opinion
Ramanathan: Electric vehicles make hydrogen passenger cars permanently obsolete
“So Shell announced that it's permanently closing six of its seven hydrogen refueling stations for passenger cars in California, and my forecast is that maybe this is, I hope the end of trying to make hydrogen-powered passenger cars happen, because EVs are simp…”
Insight
Ramanathan: Commercializing new energy technologies is as hard as wind and solar
“Commercializing technology, implementing projects to, you know, to get it out there, that's going to be As hard for any new technology as it has been for wind and solar. So, you know, might as well try to solve it for wind and solar.”