Once upon a time, ex-oil baron T. Boone Pickens was one of wind energy's biggest proponents with plans for the world's biggest wind farm in Texas and massive transmission structure to get that clean power into our homes. He also backed natural gas as an alternative fuel for cars and trucks. He had a plan to save America and he was passionate, well, until it wasn't making him money like he thought it would.
Three years ago, he backed away from his commitment to build the giant wind farm and transmission lines when the economy took a downturn. Then he completely abandoned his wind energy aspirations when the market just wasn't working for him. Now he's doing the same with natural gas, taking himself out of the alternative energy game completely.
In an interview with Marketplace, Pickens explained that the low price of natural gas was basically keeping him from making money and because the country (namely Congress) was dragging its heels on coming up with a solid energy plan he said he'd "had about all this I want to fool with."
While we were never as excited by his natural gas plans as the grand ones he had for wind energy, we kept hoping that this billionaire oil man would surprise us all and deliver some really big wind projects. But now, if natural gas is too risky for him, there's no way he's ever coming back around on wind. So long, Mr. Pickens. We enjoyed your enthusiasm while it lasted.
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