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Texas Oil Man T BOONE Pickens Invests 10 Billion in Wind Power

April 18th, 2008 · No Comments

Tags: Business News


In Texas you either raise steer or drill for oil .. well that is the misconception that Oil Man T. Boone Pickens it trying to change. It seems that he sees a future in alternative energy and has put his money where his mouth is.

Investing 10 Billion dollars in Wind Power the plan is to install an initial 4,000 Wind Turbines that will generate enough energy for at least a Million homes.

What is so interesting about his investment is that the wind farms low cost will generate the same amount of energy as 2 full scale nuclear energy plants without the extreme costs of getting a Nuclear Plant online or the eventual costs of dealing with waste and dismantling a plant that will become radioactive.

With large areas of land availableĀ alongĀ the southern border of the United States Solar and Wind Farms could see a turn around of slowing energy production from Oil while also introducing a long term solution.

When matched with a Border Fence to protect these Energy sources we could see a strong turn around in our economy while also curing economic losses in other industries.

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