Not Clearly Pro or Con to the question "Can Alternative Energy Effectively Replace Fossil Fuels?"
"There are a host of potential sources of energy in the ocean. Waves, tides, and currents are the most obvious, and maybe the most limited. So it’s an area that could have a vast scope, but it’s had almost no one working on it. There’s probably less than 60 projects going on in the world today and they’re all undercapitalized. Whereas, what’s a little bit discouraging to me is how daunting the challenge is for almost all the other forms of alternative energy that we know about. Corn-based ethanol was just a terrible, tragic mistake."
"An Interview with Matthew Simmons," www.financialsense.com, Jan. 9, 2008
Experts Individuals with PhDs, heads of government, members of state or federal legislative bodies, and individuals with graduate degrees and significant post-graduate involvement in alternative energy or fossil fuel issues. [Note: Experts definition varies by site.]
Involvement and Affiliations:
Founder and President, Simmons & Company, 1974-present
Member, Board of Deans Advisors, Harvard Business School
Member, Council on Foreign Relations
Member, Atlantic Council of the United States
Member, Advisory Council of the National Trust for Historic Preservation
Trustee, Farnsworth Art Museum, Rockland, ME
Member of the Board of Directors, Kerr-McGee Corporation, Brown-Forman Corporation, The Initiative for a Competitive Iner City, Houston Technology Center, and the Center for Houston's Future
Former President, Harvard Business School Alumni Association
Former Chairman, National Ocean Industry Association
Former Research Associate, Harvard Business School