Wednesday, November 12, 2008

T. Boone Pickens Stalls on Wind Power - Daniel

CNET.com - Nov 12, 2008
Statesman.com - Nov. 12, 2008

T. Boone Pickens, an ex-oil executive, billionaire and proponent of alternative energies, earlier this summer had proposed a plan for reducing America's oil dependence by promoting the use of wind farms and natural gas in vehicles. He recently announced that he would limit his plans for wind farming due to the recent drops in oil and gas prices.

Until natural-gas prices rise, Pickens said his wind farm and most others in the country will not go forward because electricity from gas plants will be more economical. "With natural gas prices where they are, you can't kick off a wind project, you're not economical." Pickens said Tuesday at a news conference in Arizona.
 
Earlier this year, he founded Mesa Power, a company that would be the world's largest wind farm in Texas, able to make 4,000 megawatts of electricity, or enough to power 1.3 million homes. It seems like a great idea. Wind power is clean and renewable but  it's difficult to understand why we can't go through with this plan for a powerful wind farm, knowing that gas and oil energy will eventually run out. I guess we'll need a crisis for us to do something about it.

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