Saturday, July 11, 2009

Pickens Calls Off Massive Wind Farm in Texas

This doesn't really come as a surprise to me. I guess Mr. Pickens couldn't make enough money on this bold venture. Or he really doesn't care about getting the U.S. off of Middle Wast oil. Or perhaps it was the fact that natural gas prices went into the toilet with economy. It's so sad. Remember all the ads during the presidential campaign touting the "Pickens Plan"? It was all swagger and no substance. My bet is that he couldn't get the government to pay for his transmission lines or for the conversion kit for your car to burn natural gas instead of gasoline. Nevermind the fact that natural gas is a fossil fuel (albeit burns a little cleaner than gasoline) and that the process of extracting it out of the ground is horrid (see hydraulic fracturing), not to mention what it could do to the water supply. Anyway, we don't need to burn any more fossil fuels than we currently do. There's plenty of money to be made in demand side management, the energy efficiency space, sustainability initiatives, and clean renewable energy generation. Let's get on it.

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