First published on the Cleantech Investor website, January 2012
Elisabeth Jeffries learns about enterprise, from the masters
Soul-searching. Tormented by demons. Chippy.
Not the most promising qualities in a prospective PR manager perhaps, but ideal in an entrepreneur. And the Scots have them in bundles. That, at least, is the conviction of Bill Aulet, MD of the MIT Entrepreneurship Center in Cambridge, Massachussetts. Bill blasted into Edinburgh earlier this month from across the Atlantic alongside a couple of other big cheeses, to yank some fire out of the bellies of Scottish entrepreneurs (OK and a few Dutch, Spanish, Italian and, er, English).






Where the Russians lead, the Americans follow; where the Americans lead, the Russians follow. The new cold war for the 21st century has barely begun in the vicious climate of the Arctic circle. It is a scramble to extract the greatest share of hydrocarbons located under the seabed in the second most hostile place on the planet. This underground fuel accounts for 13% (90 billion barrels of oil and 44 billion barrels of natural gas liquids) of undiscovered oil on the planet, according to US Geological survey estimates in 2008.




