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texas wind power?

by mentor
Published Jun 24, 2008
Views: 349

 

Well, this is unexpected - by me at least:

(CNN) -- Billionaire oilman T. Boone Pickens is sinking billions of dollars into a new wind farm in Texas. It is likely to become the biggest in the world, producing enough power for the equivalent of 1.3 million homes.

 

This guy is one of Bush's best supporters, and the lead financier behind the Swift Boat Vets. An old-school Texas oilman...Now he is embracing Wind Power? Maybe he smells a new source of profits. He is having the wind farms constructed on other people's land (he thinks they are an eyesore) Supposedly the landowner will receive royalties of up to $20,000 per year per turbine!  Wow. The plan is to build these windfarms out to the point where they can supply 4000 megawatts.

Here's the link to the full article:

 

http://www.cnn.com/2008/US/05/19/pickens.qa/index.html 

Filed under: News & Issues




25 Comments


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tmedlin & RKBA: If there were NO tax incentives for Pickens, he would have probably not done any of what you say he's done for charities or creation of jobs. It's only about profits & what can be written off?

tidbit: Yes, I work. Does that mean I should kiss your b*&% because I have a job & you're like him that I should feel so grateful? And no, I don't feel I have to justify to you what I have done to help others. My good deeds certainly didn't include any tax write offs, or even possibility of any.

"...because they have no clue how everything works." Yes, I have a clue how everything works, but all I see in America today is rampant GREED. Are you part of that problem, like Pickens, that you have to defend him?

Why don't all of you focus on the subject at hand, which is the development of viable alternative energy sources, instead of picking my opinions apart.

Profit or not, it's a good idea. The more sources of energy we have, the better. That's energy being supplied without oil..YAY!!!! There are miles and miles of open land, offshore etc that we can place wind turbines on. Between wind, solar, hydro and better fuel consumption, we might just be able to get that oil monkey off our backs. If not off our backs, then just barely hanging on. Decrease demand for oil...price goes down. Get power for free- wind, solar, hydro- price should be cheaper than coal or oil generated power and be cleaner too. We should have been doing this 20+ years ago when we still had $1.50gal gas.

http://www.wral.com/business/local_tech_wire/news/story/3099629/

oOOOOHHHHH Look.. another "Evil" corporation being too greedy and doing something purley for profit. GO AFTER and GET em!!!

RKBA - it's ok - it is people like that who expect business to NEVER profit - but instead give away all their wealth freely to keep everyone on the same playing field.

because they have no clue how everything works. Somehow a business is suppose to survive like that and the economy keep on trucking like that. Only in Star Trek did that work.

"People like him rarely contribute anything for the common public good out of a sense of decency or goodheartedness - it's always about profits or what's in it for me?"

Oh Please... how much of YOUR personal wealth are you willing to invest in risky investments? Have YOU invested a nickel in alternative energy sources? No? Well, why do you think someone else should risk THEIR money to provide alternatives for YOU?

I guess your pretty happy with "People like him" Animal Lover ROFL .... dont you work? If it weren't for "people like him" you wouldn't have a job

People like him rarely contribute anything for the common public good out of a sense of decency or goodheartedness - it's always about profits or what's in it for me? - Animal Lover

So, Animal Lover - what exactly have you done out of a sense of decency and goodheartdeness that was a contribution to society? What have you done for all of us just becuase you care?

".Now he is embracing Wind Power? Maybe he smells a new source of profits"

What's wrong with that? It's what WILL finally lead to new sources of energy.

Your skepticism shows a lack of understanding.

T. Boone Pickens has a foundation that supports everything from Fisher House to Autism research to Women's educations and at least a dozen other charities...I believe he started the foundation with $5 million...So, I would suggest that instead of buying into the "rich man always trying to keep the poor man down" attitude, do a little research on your own, and recognize that business people not only provide jobs, but are also the ones who keep private charities going, and are typically much more efficient at delivering aid to the sick and the poor, than government bureaucracies.

Most ski slopes in Colorado are just about totally functioning on wind power for lifts and what not. Wind power is not the total answer but helps out big time where it can. While out there skiing this April, I spent a day with the engineers. It was kind of cool.

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