ALTERNATIVE ENERGY PRESENTATION. Alistair Johnson Designer of THE TIG RIG RETROFIT SAIL SYSTEM

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1 ALTERNATIVE ENERGY PRESENTATION Alistair Johnson Designer of THE TIG RIG RETROFIT SAIL SYSTEM

2 A) THE TIG RIG RETROFIT SAIL SYSTEM Tig Rig array on Green Dolphin 575 Handymax Self contained units Fixed mounting points interconnecting rails 360 deg rotation, reefing in 10ths. Key automated mechanical safety overrides Universal mounting for masted devices Out of way in port

3 A) THE TIG RIG R E T RO F I T S A I L S YS T E M Self contained units Fixed mounting points interconnecting rails 360 deg rotation, reefing in 10ths Key automated mechanical safety overrides reefing & mast release Out of way in port Universal mounting for masted devices

4 A) THE TIG RIG RETROFIT SAIL SYSTEM Self contained units Fixed mounting points interconnecting rails 360 deg rotation, reefing in 10ths Key automated mechanical safety overrides reefing & mast release Out of way in port Universal mounting for masted devices

5 A) THE TIG RIG RETROFIT SAIL SYSTEM Self contained units Fixed mounting points interconnecting rails 360 deg rotation, reefing in 10ths Key automated mechanical safety overrides reefing & mast release Out of way in port Universal mounting for masted devices

6 A) THE TIG RIG R E T RO F I T S A I L S YS T E M Self contained units Fixed mounting points interconnecting rails 360 deg rotation, reefing in 10ths Key automated mechanical safety overrides reefing & mast release Out of way in port Universal mounting for masted devices

7 A) THE TIG RIG RETROFIT SAIL SYSTEM Self contained units Fixed mounting points interconnecting rails 360 deg rotation, reefing in 10ths Key automated mechanical safety overrides reefing & mast release Out of way in port Universal mounting for masted devices I HAVE MY FIRST CLIENT Well nearly

8 B) ENERGY: CAPITAL VS CURRENT Business - capital to set up must lead to sustainable current income Fossil fuel = ancient solar Solar = current and on US delivers 10,000 times US electricity consumption Access Solar direct panels or through weather wind and wave Challenge is to make this transition from capital to current energy

9 C) EARTH INC AND INTERGALACTIC BANK Earth Inc visit to Intergalactic Bank EI Can we please have extension on our capital? IB - How long until you are sustainable in current energy? EI Err we don't know IB - Next! And as EI limp out of the room they stop and say EI Well can we have another planet then?

10 D) BASIC BUSINESS ANALYSIS Establish the replacement cost/alternative sourcing of your key inputs Plan to transition from capital to current Earth Inc has not done either Earth Inc is not a proper business Our entire industrialised society is subsidised Alternative energy about making this critical transition

11 E) THE TIMES THEY ARE CHANGING October 2018: IPCC report 12 years And: Nobel Economics prize: Nordhaus, climate change theorist; Romer, state technology intervention advocate Tipping point of public opinion political shift and on to legislation Difficult to say when and opposition strong and we are all guilty, all deniers But there are hard deniers actively denying the science They are now alarmed and despondent it's too late and no point trying anything party harder utterly spoilt These are society's 'winners' 'survival of the fittest' people ready to colonise Mars In this crisis, like war - deserters. Pitiful when 1 st to run are the Officers.

12 F) THE RIGHT BALANCE (SHEET) Radical theorist's paper on getting business to value Amazon rain forest Different branches of industry = different yield rates = lower interest /bonds Common good infrastructure longest return, 40-50yrs, lowest rates govt bonds How to value common good of Amazon forest? Outside any single govt or time frame Challenge to put Amazon forest on company balance sheets/tax returns Identity of the theorist?

13 F) THE RIGHT BALANCE (SHEET) Identity of the theorist: John Shepard Reed Former head of Citicorp and NY Stock Exchange ultimate insider Describing him as a radical deliberate to make the point that the identity of the messenger affects the way we hear the message In fact raised in Brazil and Argentina outsider perspective

14 G) DISRUPTIVE TECHNOLOGY Wind assist for ships is not disruptive now With change in political economy it may become so

15 H) DEPRECIATION AND TAX WRITE OFFS Tig Rig business plan simple rental units still yielding beyond tax write off Depreciation/tax write offs came out of rivalrous European states harmonising private domestic business w national strategic goals Nation states - drivers of business for centuries

16 I) BUSINESS ERRORS AND FALSE DISTINCTIONS Hard deniers claim sustainability is un business like from people who i) ignore capital energy problem ii) haven't done proper energy replacement cost analysis. They fail basic business tests Claim false distinction between govt and business Govt intervention has always been directly critical to business Popular sentiment will change political policy Adding common good and energy to balance sheets critical for our future In that future wind assist can become disruptive

17 J) ENABLING THE ADDICTS (ALL OF US) Boss of Shell last week advocating reforestation new Amazon rainforest Brazil s presidential candidate intent on destroying the forest we have Shell boss it's not enough to do little bit of wind & solar. Deeper change Happy meal toys. Oil from ME-ChinaUS/Eu-kids play with 20mins landfill. MADNESS Works now but if energy properly valued it would stop - Nordhaus s proposition Govt direction Romer s proposition

18 K) THE GROWN UP REBUTTAL Advocate for sustainability - face criticism and respond Hard deniers claims to business competence are bust they fail basic tests Hard deniers frame politics/govt as opposed to business in fact the two are symbiotic Neither deny nor try to run - do the grown up thing and let s fix this

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