Posted by admin | Posted in Green Energy | Posted on 23-06-2009
Tags: energy, environment, green, power, solar
Pickens calls off massive wind farm in Texas: Whats this mean for Obama’s Green Energy plans?
Cap and trade is supposed to push us towards green energy such as wind power.
If Pickens is willing to walk away from a 2 billion dollar investment just how feasible is it for wind power to become a major source of electricity?
Wont cap & trade just make things worse?
http://news.yahoo.com/s/ap/20090707/ap_on_bi_ge/us_pickens_wind_energy
That’s not the way I read it. He said he got ahead of himself purchasing the generators before wrapping up the leases for places to put them. He said he is looking for locations to place the wind turbines. In his own words:
“It doesn’t mean that wind is dead,” said Pickens, who runs the Dallas-based energy investment fund BP Capital. “It just means we got a little bit too quick off the blocks.”
So dragging Obama into it is way off the mark.
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