I searched but couldn't find a thread on T. Boone Pickens plan.
T. Boone Pickens is an 80 year old oil man who has made billions in oil. He seems to know the energy market quite well and has came up with a real plan to help us start getting out of this energy mess we got ourselves into. Wait! Don't stop reading just because he is an old oil man. His plan is MUCH better for the environment then our current situation, cheaper, and keeps a ton of the money currently being sent to other countries right here in the US. One more thing, he has ALREADY put his money where his mouth is to the tune of a few billion and the ball is already rolling.
He explains it on his website but the basic idea is:
-Nat. gas is currently used to produce 21% of our electricity.
-The ?wind belt? in the US is the Saudi Arabia of wind (middle America from Texas to Canada)
-Replace the electricity produced with Nat. gas with wind power.
-Use the natural gas that is saved as a transportation fuel.
-He has already started buying the turbines and acquiring land rights for his first 4,000 MW wind farm.
I personally like the idea. Its a win for everyone except the foreign countries we buy oil from.
The Pickens Plan
T. Boone Pickens is an 80 year old oil man who has made billions in oil. He seems to know the energy market quite well and has came up with a real plan to help us start getting out of this energy mess we got ourselves into. Wait! Don't stop reading just because he is an old oil man. His plan is MUCH better for the environment then our current situation, cheaper, and keeps a ton of the money currently being sent to other countries right here in the US. One more thing, he has ALREADY put his money where his mouth is to the tune of a few billion and the ball is already rolling.
He explains it on his website but the basic idea is:
-Nat. gas is currently used to produce 21% of our electricity.
-The ?wind belt? in the US is the Saudi Arabia of wind (middle America from Texas to Canada)
-Replace the electricity produced with Nat. gas with wind power.
-Use the natural gas that is saved as a transportation fuel.
-He has already started buying the turbines and acquiring land rights for his first 4,000 MW wind farm.
I personally like the idea. Its a win for everyone except the foreign countries we buy oil from.
The Pickens Plan