than we thought,” Pickens told the newspaper.
I’ll resist the temptation to get all preachy on this. Let’s just note that this probably won’t be the last green
project that after all sorts of bluster fades away and wouldn’t it be nice if our politicians recognized that
these things are a “little more complicated” than they think.
Original Article
T. Boone Pickens Retreats On Wind Power by Tom Lindmark, July 7, 2009
|
Remember Boone Pickens plans to cover the United States with windmills and
lead all of us into the brave new world of renewable energy? Well, never mind.
From Fox:
"Boone Pickens no longer plans to build the world’s largest wind farm, a
spokesman for the Texas billionaire told the Dallas Morning News. Pickens had
already delayed some of his plans. Now he said he instead plans to build five or
six smaller wind farms in the Midwest and possibly Texas. Hurdles faces by
Pickens included lower natural gas prices, which made power from wind less
desireable, plus a lack of transmissions lines. “It was a little more complicated
ButThenWhat.com is an attempt to connect dots and figure out what is going on in business and politics, stripping away personal interest. Lindmark's Bio Visit the blog at ButThenWhat,com.
|
Comments from The Oxen Group Readers
Want to make a comment on the story above. Place your name and comment in the box below. Please remember that this area is for discussing and conversing with writers and other readers about finance issues. Do not use any foul or inappropriate language. Any comment deemed inappropriate will be automatically removed, and offenders will be tracked.
|
Sign up for The Oxen Group's free Daily Digest, featuring stock picks, financial articles and more. SIGN UP NOW AND RECEIVE THE OXEN GROUP'S FREE REPORT: Identifying the 5 Keys for a Perfect Fundamental Day Trade (Preview)
|