Pickens calls for renewable energy plan

Not Registered? Register for free extra services. Mpls./St. St. Dallas oil tycoon T. Boone Pickens is throwing his money behind a campaign to solve the nation's dependence on foreign oil. Pickens on Tuesday said he is funding an aggressive multimedia advertising and Internet education campaign designed to focus attention on this crisis and to advance an energy plan of his own dubbed, "The Pickens Plan," that he said would reduce foreign oil dependency by more than one-third. The Pickens Plan calls for investing in power generation from domestic renewable resources such as wind and using natural gas as a transportation fuel, replacing more than one-third of the country's imported oil and saving more than $230 billion a year. Our dependence on imported oil is killing our economy. It is the single biggest problem facing America today," Pickens said. Pickens said his plan, based on domestic resources, is doable in 5 to 10 years if Congress and the next presidential administration ac...
Originally from: http://www.bizjournals.com/dallas/stories/2008/07/07/daily15.html

1 Kommentar 8.7.08 18:15, kommentieren