Tech & Biz

T. Boone Pickens Offers Plan to Solve Energy Woes

by BMCWrites | July 8, 2008 at 12:40 pm

466 views | 17 Recommendations | 5 comments

America is blessed with the world’s greatest wind power corridor and abundant reserves of clean natural gas, says my fellow Oklahoma State University graduate, T. Boone Pickens. At the same time, it’s facing a three-pronged crisis — economic, environmental and national security — as a result of its dependence on foreign oil. That said, the hypersuccessful oilman has a plan — The Pickens Plan — to help solve the nation’s energy woes.

In short, The Plan calls for building new wind generation facilities that will produce 20 percent of our nation’s electricity and allow us to use natural gas as a transportation fuel. The combination of these domestic energies can replace more than one-third of our foreign oil imports. And we can do it all in 10 years.

I watched this video in which the details are explained by T. Boone himself and think he might have something worth considering. Unfortunately, it requires consensus on the part of Americans — liberal, conservative, left, right and wacko — to come to fruitions. Watch the video and let me know what you think.

To read all of the blood-and-guts details, visit www.PickensPlan.com.

-- Bob McCarty Writes

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Caoimhin1

flagged this story as Good Stuff

at 12:52 on July 8th, 2008

BMCWrites, I like this story. It's good stuff.

julianw

flagged this story as Good Stuff

at 13:05 on July 8th, 2008

Thanks BMCWrites. I'm not sure The Plan will be able to get sufficient political support, but its good to see an oilman endorsing wind energy.

BigT

flagged this story as Good Stuff

at 18:11 on July 8th, 2008

I'm all for someone trying this but I fear that the only reason he's doing this is because the government is going to guarantee a certain rate of return (not literally, but only through subsidies can this type of investment make sense). It is funny that he didn't mention the $80,000 tax credit he would get for every hour his wind farm was at full capacity.

Personally, I think the answer is going to come out of left field and not through some archaic energy sources like wind. My guess: genetically engineered microbes who produce oil (or some other energy source) as waste.