Thanks for the information. I’ve have spent some time searching information over the years on the revision to the Pickens Plan from the original. Details are hard to come by but his web site is still active and it still includes wind. They put news updates and the like every month.
One basic item that gives me grief over his plan is from the web site it is easy to find out how to support his plan, it appears impossible to actually find out the details of the plan. The goal is clear, but the implementation is what is important.
That email included reference to NAT GAS Act of 2009 (H.R. 1835 and S. 1408). For a good comparison of what each included at that time, I recommend:
http://www.ngvamerica.org/pdfs/S1408vsHR1835_NATGAS111th_SidebySide_072109.pdf
The only mandate of the Nat Gas 2009 act was force buying of Nat Gas vehicles by federal agencies. It was mostly about subsidies of methane fueled vehicles.
Cheers!
I agree the “Pickens Plan” is short on specifics but long on drumming up popular support for reducing USA reliance on OPEC oil by converting the heavy truck and bus fleet from diesel fuel to NatGas, a worthy goal few would oppose. Too bad the Nat Gas Act of 2009-12 never was signed into law. It contained mainly extensions of existing legislation which have since expired, I suppose. There were some new tax credits intended as incentives to heavy duty truck fleet operators to convert existing fleets from diesel power to NatGas. IMO, nothing in the Act would have enriched Pickens directly but indirectly he would certainly benefit from his financial interests in CLNE, WPRT and various natural gas holdings. But as you pointed out above in #14, CLNE is going ahead anyway building NatGas fueling stations with PRIVATE FUNDING, NOT govt. subsidies.
The “mandates” in the legislation were probably “pork” inserted by politicians, not Pickens. At any rate the Nat Gas Act is a dead duck; for this reason I have shied away from getting long CLNE and WPRT because these companies are not profitable without the Act - progress is too slow. There may be some local govt. incentives for building these fueling stations.
Thanks for all the links. The comments following the Heritage article at #30 are interesting too. I’m saving this thread to my FR home page.
FReegards,
Otter