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The Pickens Plan: Boon or Boondoggle?

Posted on October 13, 2008

Former oilman, corporate raider cum alternative energy proponent, T. Boone Pickens' highly, and largely self-promoted Pickens Plan only has it half-right as far as charting a course that will lead to a more secure, cleaner energy future for the US, according to critics.While investing in and developing wind power to the point where it makes up at least 20% of the nation's power supply is right on the mark, the second part of the Pickens Plan shifting the 20% of natural gas currently used to produce electricity to transportation by converting vehicles to run on natural gas is both fo...

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