11.12.08
Breaking Out in a Rationale
I don’t understand why T. Boone Pickens has put his much-touted wind energy plans on hold. Does he know something about the mid-term future of fossil fuels that the rest of us do not? Regardless of how much he’s invested in wind-tech thus far, it rather undermines the seriousness of his recent proposition that we are facing a crisis when this is how he responds to such a drop as we have lately seen —albeit a pretty huge one— in the prices of oil and gas. It just seems strange. Pickens is in the last quarter of his life —and you gotta figure he’s got the mortgage covered— so why wouldn’t he persist with the next big thing?
