T. Boone Pickens' plan to build a gigantuous wind farm in Texas is being held up thanks to a drop in natural-gas prices and the credit crunch. "With natural gas prices where they are, you can't kick off a wind project, you're not economical," Pickens said on Tuesday, adding the next day, "When you're talking financing -- big financing -- well those talks have ceased because nobody has any money." His own billionaire-ism excluded, we presume.
source: The Arizona Republic, The New York Times, CNNMoney.com
see also, in Grist:Pickens unveils plan to avert the U.S. energy crisis
Comments
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waterone Posted 10:49 am
12 Nov 2008
I still hope to put up my own wind generator this year ... with or without the Boonester.
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christophersj Posted 2:32 pm
12 Nov 2008
Pickens has completely changed his plan. Perhaps this is in the aftermath of losing Proposition 10 in California this past election or maybe someone sat him down and explained the rationality of plug-in hybrids.
He now advocates NG for heavy trucking, not cars and light trucks, which makes me pay attention again.
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ThomR Posted 9:40 pm
12 Nov 2008
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christophersj Posted 1:40 am
13 Nov 2008
So my question is, with Pickens' NEW plan, which I havent seen recognized here at Grist yet, does this become something to support again? It recognizes the superior position of plug-in hybrids for cars and light trucks.
I've been writing anti-Picken's emails and blogs for a while now. But if wind is a big part again and he's only talking about NG for big trucks, then that starts to make me look at it again.
Im not saying I'm subscribing to anything. This is something very recent that I just noticed on The Daily Show Wed. night.
We got to stay flexible and smart guys. Rigidness is going to kill us.
I estimate NG would reduce big trucking's CO2 footprint by a third until "super batteries" or algae diesel or hydrogen becomes a reality. Maybe a third reduction isnt worth the effort, maybe it is. Oh and dont forget the reduction in sooty pollution too. The L.A. port has a huge problem. Its making people sick.
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