You know all those T. Boone Pickens ads that run on CNBC these days. He's got a plan. He's going to save us from "foreign oil" with the power of wind. This is one problem we can't drill our way out of. Yep. Those ones.
We're meant to be amazed the famous oil man T. Boone Pickens is pushing so hard for greater U.S. reliance on wind power. He even goes out of his way to say, "I've been an oil man" for 8,000 years or whatever. What he doesn't mention is that he owns the largest wind farm in the world.
Tim Carney* looks at Boone's wind in the Washington Examiner.
The "Pickens Plan," the legendary oilman's public relations and lobbying blitz billed as a way to reduce our dependence on foreign oil, has its virtues and its flaws, but it should be presented in an honest light -- a billionaire heavily invested in currently unprofitable (without subsidies) wind power wants the government to further subsidize, mandate or otherwise help wind power be more profitable.