| Billionaire Texas oilman backs windmills |
|
|
|
![]() image courtesy of Wagner Christian, Wikimedia T. Boone Pickens in an interview with CNN's Ali Velshi While Cape Cod continues to debate a wind farm in Nantucket Sound, legendary oilman, T Boone Pickens, is placing a multi billion dollar bet on wind power on the plains of Texas. His plan is to build a 4,000 megawatt wind farm that will provide power to 1.3 million homes. It will be the largest wind farm in the world. His first step is buying and siting 600 windmills from General Electric. Pickens will be paying land owners a royalty of approximately $20,000 per year per windmill. Hmmm... there's an idea Jim Gordon at Cape Wind might take a look at. $20,000 X 130 windmills = $2.6 million a year in royalties. But who would be the beneficiary? A lot of people and entities have laid claims to various aspects of Nantucket Sound. Unlike Texas prairies that are inhabited mostly by cattle, Nantucket Sound is lived around, fished on, sailed on and looked at by many millions of thinking and opinionated people. Every one of them would likely have a thought as to whom the royalty should be paid. On second thought, maybe Cape Wind should leave that idea alone. Here's Ali Velshi's complete interview of T Boone Pickens. More on Pickens' wind farm at Earth2Tech More on T. Boone Pickens, the man, from Wikipedia.
Set as favorite
Bookmark
Email This
Hits: 673 Trackback(0)
Comments
(0)
|
|
| Last Updated ( Tuesday, 20 May 2008 ) |
| < Prev | Next > |
|---|
| S | M | T | W | T | F | S |
|---|---|---|---|---|---|---|
| 1 | 2 | |||||
| 3 | 4 | 5 | 6 | 7 | 8 | 9 |
| 10 | 11 | 12 | 13 | 14 | 15 | 16 |
| 17 | 18 | 19 | 20 | 21 | 22 | 23 |
| 24 | 25 | 26 | 27 | 28 | 29 | 30 |
| 31 | ||||||