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Editorial: T. Boone's Windy Energy Plan
orange county register ^ | August 7, 2008 | staff

Posted on 08/07/2008 6:00:14 AM PDT by kellynla

What we like most about T. Boone Pickens' grand scheme for meeting America's insatiable energy appetite and reducing the reliance on unfriendly foreign sources of oil is his willingness that all alternatives should compete. Whether it's drilling for oil offshore, or processing natural gas shale from the heartland or capturing wind that blows from who-knows-where, Mr. Pickens is all for it.

"I'm for everything that's American," as the billionaire Texas oilman put it Tuesday when he met with the Register editorial board and news reporters.

What we like least about his grand scheme is that to pursue the parts of it he personally prefers, Mr. Pickens would rely on government's heavy hand. Without government subsidies, mandates and rights-of-way acquisitions, America's switch from reliance on foreign oil to natural gas and wind-generated power won't happen fast enough to suit him.

To promote electricity production from wind sources as a replacement for natural gas, Mr. Pickens wants government to mandate wind power, provide subsidies and exercise eminent domain powers to acquire land for transmission. That, in turn, would free natural gas to replace gasoline for large transport vehicles.

Despite claiming to prefer government not interfere in market decisions, Mr. Pickens is willing to take advantage when he can benefit from government's intrusion.

The insidiousness of government intrusion in the market is that it often benefits someone. But always at someone else's expense.

(Excerpt) Read more at ...

TOPICS: Business/Economy; Editorial; Extended News; Government; News/Current Events; Politics/Elections
KEYWORDS: 110th; boonepickens; congress; drillheredrillnow; energy; enviroprofiteering; tboonepickens; windfarms; windpower
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To: windsorknot
Personally, I prefer Slim Pickens energy plan: nuclear.

Heck, I'm more inclined to support Nose Pickens plan and I don't even know what it is.

21 posted on 08/07/2008 7:24:30 AM PDT by Niteranger68 (When it comes to Obama, just keep the change.)
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To: kellynla
It's not officially a scam until the Clintons endorse it.
22 posted on 08/07/2008 7:33:16 AM PDT by Ukiapah Heep (Shoes for Industry!)
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To: kellynla

Boone’s plan would double his fortune using your money. What an altruist.

23 posted on 08/07/2008 7:39:41 AM PDT by pabianice
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To: ken21
I to favor a balanced approach. I also favor coal gasification, an established technology. We have enough coal to run America for 250 years according to the Gov of Montana. I wondered why we weren't pursuing this then I found out that by law the Federal government can't purchase gasoline produced from coal! The government seems to screw up every thing. Here in Georgia a loon bat judge block a coal plant because of CO2 emissions which aren't regulated. She has no bases in law for her decision!!
24 posted on 08/07/2008 7:46:10 AM PDT by carcraft (The Obamalator, sold on TV, very expensive,doesn't work , is a cheap copy of the original Caterlator)
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Comment #25 Removed by Moderator

To: sandyeggo

Picken’s Scam is right, everyone needs to read this:
It shouldn’t sit well with the rest of us either. Pickens has gamed Texas for his own ends, and now he’s trying to game the rest of us, too. Worse, his gamesmanship includes lending his billionaire resources, prominent stature and feudal powers bestowed upon him by the Texas legislature to help the Greens gain control over the U.S. energy supply. ———————————————————————————————————————— Steven Milloy publishes and He is a junk science expert, and advocate of free enterprise and an adjunct scholar at the Competitive Enterprise Institute.

26 posted on 08/07/2008 7:58:31 AM PDT by iopscusa (El Vaquero. (SC Lowcountry Cowboy))
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Comment #27 Removed by Moderator

To: kellynla
T Boone's windmills can produce the juice, but the spikes to the grid are not good. Without getting into the details, I heard that the wind picked up recently and one utility had to drop a coal fired plant and they were ticked.

Until a Battery breakthrough occurs, (i.e. Lithium-Ion a-la the Chevy Volt or beyond that) it may not be a viable option.

I recently spoke with some famous aero-engineers off the record, who are well versed in many subjects and the green energy arena came up. independent of my ideas, they also stated without prompting that a storage system for green power is needed to make it viable. Just my 2 cents worth.....

28 posted on 08/07/2008 8:11:54 AM PDT by taildragger (The Answer is Fred Thompson, I do not care what the question is.....)
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To: kellynla
If Pickens is willing to forgo the $23.37 per megawatt hour subsidy, then fine.

But he won't. Wind power is a LOSER of money unless you get the subsidy. Pickens is looking to make MORE money from the subsidies on his windmills than he will from direct sale of the electricity.

This is just another way for him to make a few more billion dollars...

29 posted on 08/07/2008 8:22:28 AM PDT by PugetSoundSoldier (Indignation over the sting of truth is the defense of the indefensible)
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To: detective
“Few of the politicians or the Washington elites understand this.”

Oh they understand for sure. However, as with the ethanol scam, wind is a sell-out to the Greenies and their “willing idiots” as the commies used to call their devotees back in the day.

Btw, this is not getting much press but much of Pickens land that he would use for wind produced electricity also sits on top of the Ogallala Aquifer which is the largest reservoir of underground water in the U.S. Pickens also has a plan to sell this water to soon to be water starved metroplexes. So, these corridors purchased via Eminent Domain legislation could also be used to lay pipe lines to deliver this water. T. Boone is a wily old coyote for sure...

30 posted on 08/07/2008 9:17:31 AM PDT by snoringbear ('Just so to get the terminology correct; it goes like this; the federal government is the Pimp, the)
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To: PugetSoundSoldier; All
The $23.37 per mega watt hour subsidy you cite is presented in Table 35 on page 16 of this 20 page document. You omitted the important detail that this subsidy is based upon production of electricity. A production subsidy comes at the end, after multi unsubsidized $billions of risk equity is invested in development of the production facilities. Also, the subsidy comes in the form of tax rebates, rather than a direct payment of taxpayers' dollars.

A useful graphic presentation of the total subsidy issue comparing fossil fuel, nuclear and wind is shown here:

Biased opinion pieces like the one posted here and many others posted on FR, falsely portray the subsidy issue.

31 posted on 08/07/2008 10:14:27 AM PDT by shove_it (and have a nice day)
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To: All

32 posted on 08/07/2008 12:16:28 PM PDT by PsyOp (Truth in itself is rarely sufficient to make men act. - Clauswitz, On War, 1832.)
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To: carcraft

i didn’t know that the fed govt can’t purchase gasoline made from coal.

you ought to post something on that.


33 posted on 08/07/2008 3:41:38 PM PDT by ken21 (people die and you never hear from them again.)
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To: shove_it; iopscusa; sandyeggo; kellynla; PugetSoundSoldier

Re: Pickens.

Excuse me for being dull, but — if someone earns wealth from voluntary past investments and effort, why not buy legal rights to market water and wind?

Sorry to be dense. I just worry that at times, we confuse socialistic “lobbying” with legitimate, smart petitioning of govt. by private investors to obtain rights to provide more services via purchases of private or public (read: unowned) land, resources.

If real subsidies are expected from this outcome, I take it back however.


34 posted on 08/07/2008 3:52:38 PM PDT by 4Liberty (discount window + moral hazard = bank corporate welfare + inflation tax)
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To: mc5cents


35 posted on 08/07/2008 4:21:56 PM PDT by VaBthang4 ("He Who Watches Over Israel Will Neither Slumber Nor Sleep")
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To: 4Liberty

Pickens is looking for the government(your, my & everyone else’s tax dollars) to build transmission lines for his windmills...and we’re talking TRILLIONS!

It’s been a long day for me but if you do a little searching you’ll find a few articles I’ve posted on Pickens and his windmills...a lot, lot, lot of money for less than 2% of our energy needs... GO NUCLEAR! 24/7 electricity...something windmills will NEVER be able to provide...NEVER!

36 posted on 08/07/2008 4:29:37 PM PDT by kellynla (Freedom of speech makes it easier to spot the idiots! Semper Fi!)
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To: 4Liberty; iopscusa; sandyeggo; kellynla; PugetSoundSoldier
>>”...why not buy legal rights to market water and wind?”

That's what he did. It's a twofer. And he got zero subsides for it. I'd do the same if I had the $, wouldn't you? Are you people communists?

37 posted on 08/07/2008 5:17:09 PM PDT by shove_it (and have a nice day)
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To: shove_it

I’m not sure what kind of subsides he angling for, if any. That’s why I ask.
I assume most people are corrupt bass turds. Keep looking for an honest capitalist. And I have met a few...

38 posted on 08/07/2008 5:30:40 PM PDT by 4Liberty (discount window + moral hazard = bank corporate welfare + inflation tax)
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To: kellynla; All
Sounds good but won’t work until the greenies/nimbys, their lawyers and pet Congress crooks are rounded up and dumped in the UP of Michigan in November with a Boy Scout knife and a book of matches will nuke power ever have a fart's chance in a wind storm. See post #38 here:

39 posted on 08/07/2008 5:47:02 PM PDT by shove_it (and have a nice day)
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To: shove_it
Yes Comrade, we are all now Communist. The State holds all property rights...the people are only squatters.
40 posted on 08/08/2008 2:07:42 AM PDT by iopscusa (El Vaquero. (SC Lowcountry Cowboy))
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