The U.S. "is the Saudi Arabia of wind power,” legendary energy man T. Boone Pickens told CNBC yesterday. According to Pickens and his team, the Great Plains region of the U.S. is “home to the greatest wind energy potential in the world -- by far.” Even has a fancy map to prove it:
T. Boone officially unveiled the “Pickens Plan” yesterday… his attempt to bring the U.S. energy crisis into the dialogue of the coming presidential election.
“We import 70% of our oil, at a cost of $700 billion a year -- four times the annual cost of the Iraq war,” he told reporters yesterday. As you might guess, Pickens suggests the U.S. turn to wind and natural gas as viable alternatives… two industries in which he’s invested billions of dollars.
“North Dakota [wind] alone has the potential to provide power for more than a quarter of the country. Building wind facilities in the corridor that stretches from the Texas Panhandle to North Dakota could produce 20% of the electricity for the United States, at a cost of $1 trillion. It would take another $200 billion to build the capacity to transmit that energy to cities and towns.
“That's a lot of money, but it's a one-time cost. And compared to the $700 billion we spend on foreign oil every year, it's a bargain.” If you want to learn more, check out pickensplan.org … it’s a good read.
T. Boone officially unveiled the “Pickens Plan” yesterday… his attempt to bring the U.S. energy crisis into the dialogue of the coming presidential election.
“We import 70% of our oil, at a cost of $700 billion a year -- four times the annual cost of the Iraq war,” he told reporters yesterday. As you might guess, Pickens suggests the U.S. turn to wind and natural gas as viable alternatives… two industries in which he’s invested billions of dollars.
“North Dakota [wind] alone has the potential to provide power for more than a quarter of the country. Building wind facilities in the corridor that stretches from the Texas Panhandle to North Dakota could produce 20% of the electricity for the United States, at a cost of $1 trillion. It would take another $200 billion to build the capacity to transmit that energy to cities and towns.
“That's a lot of money, but it's a one-time cost. And compared to the $700 billion we spend on foreign oil every year, it's a bargain.” If you want to learn more, check out pickensplan.org … it’s a good read.
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