Apparently few people above even bothered skimming the article - he didn't lie for himself or for money, he lied to bring public attention to the fact that potentially it can be done and the FBI is just trying to take people's privacy rights. To make laypeople believe in an alternative instead...
Well I don't know enough to comment on this from personal experience, but a smarter (and richer) person has this to say:
https://www.youtube.com/watch?v=qBH64zFew6k
His companies get sued 2 times a year by patent trolls instead of once every 4 years. In Cuban's words, his companies invent...
I was thinking about the environment too - on the Witricity website they say that energy transfer can achieve something over 95%. As I remember Wireless QI (one of the current in use standards) is ~80%. So this is actually sustainable.