T. Boone Pickens’ Energy Plan
Is the Pickens Energy Plan “Energy Nirvana”, or is it Another “Here We Go Again” Plan?
If you have been watching television lately, you have probably seen an advertisement by T. Boone Pickens about his energy plan. T. Boone Pickens is a Texas multi-millionaire. He made his fortune in the oil and gas (natural gas) business. His web site http://www.boonepickens.com/ has a summary of his advertisement: “America is in a hole and it’s getting deeper every day. We import 70 percent of our oil at a cost of $700 billion a year – four times the annual cost of the Iraq war. I’ve been an oil man all my life, but this is one emergency we can’t drill our way out of. But if we create a new renewable energy network, we can break our addiction to foreign oil. On January 20, 2009, a new President gets sworn in. If we’re organized, we can convince Congress to make major changes toward cleaner, cheaper and domestic energy resources. To get this done, I need your help. Check out the plan. If you think it’s worth fighting for, please join our effort, and encourage everyone you know to do the same.”
Pickens presents his energy plan in more detail on his web site and at The Pickens Plan. His message is simple, powerful and generally makes sense. The U.S. needs to quickly move toward energy independence, we need leadership and a plan to make it happen, and the energy plan must include a balanced energy portfolio that includes hydrocarbon, nuclear and renewable energy sources. The energy plan must also move us quickly toward significantly reducing carbon emissions. Pickens is helping to raise awareness and support for the need for a national energy plan and he should be thanked for doing so.