13
Aug
08

T. Boone Pickens

On the plus side, we have an oil tycoon hyping up Peak Oil. This topic needs all the press it can get, especially from Texas Oil. Pickens has some good ideas, and is correct in his assertion that Wind Power could potentially transform the way we think about energy production / consumption. His motives, though, are questionable at best. To be certain, Pickens is not approaching Wind Power from some heightened ethic or commitment to the environment. Rather, ROI, fame, and the dwindling supply of oil (his blood) are more likely drivers. His focus on reducing dependence on foreign supplies may be his primary motive…

See the following link for some insight into his thought-process: http://www.nytimes.com/2008/08/03/magazine/03wwlnQ4-t.html?_r=1&scp=3&sq=t%20boone%20pickens&st=cse&oref=slogin

For instance:

I’m worth $4 billion, and I don’t need to make any more money. But I’m not going to invest money if I don’t expect to make money. Here, I feel like I’m putting my money where my mouth is.

Now the aforementioned motives may be agreeable;they are certainly not all bad things – though I’m not convinced that they have come together to create a real solution. The biggest problem follows. Pickens wants to use the energy from massive scale wind (and solar) farming to offset mostly domestic power usage…. In doing so, he suggests that we use the huge amounts of freed-up natural gas to fuel cars equipped to run on such fuel. WHAT??? Invest billions in a program to shift cars from one fossil fuel to another? Why not use the massive power generation to power cars, and invest in the rollout of a fleet of electric cars, not Natural Gas cars. In the interest of sustainability, while offsetting domestic power use is undoubtedly a good thing, it is simply foolish to invest in another fossil-fuel burning auto technology.

FYI, here is a report on why Natural Gas vehicles are not a good idea: http://www.sciencedirect.com/science/article/B6V2W-44B6TJ8-4/2/2cc43e8bd0fd740ccf60609af1746042

Also, the investment needed to put up the infrastructure to support Natural Gas vehicles would be astronomical. While his plan is not totally without merit, it reveals the true nature of his power generation (pun intended…) Not only is an economy and transportation system not reliant on fossil fuels unimaginable, but the thought of reducing energy usage…yes, changing behavior, is nowhere close to the radar.

Anyone have news on the development of the Pickens plan?

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