browntech means technology that can extract more value from oil. such as better logistics for more efficient international delivery to figuring out how to get oil out of sands and shale.
saying that it means tech in India is quite a stupid joke.
Oh I remember the mental disconnect I had when he said that, I'm just saying that I assume he misspoke and that slide was supposed to have a real meaning of some sort over time. It seems much more likely that he thought through the slide when he made it and just blundered when on the spot than the other way around.
I also had a moment of confusion on the slide that said 400 x $40 = $200k until I realized he was talking about 12 months and rounding. I imagine something similar was happening here.
I would agree, except everything else was 1 month or a year, and this would have been 6ish months. Kind of random, and doesn't make sense in context. Also, why round from $120 to $125.
If he had said $250k I'd chalk it up to rounding for a year and accidentally saying a month.
A lot (majority even?) of factories/universities do have generators which they operate at most expensive hours and feed the excess back into the grid. It only makes sense to have these on hand from a risk perspective considering the volatility of electricity costs.
