“He has decided to spend $58-million of his own money on an ad campaign to promote a new American energy policy — one which would involve massive subsidies to himself as well huge gains for the clean energy industry.”
Bring out your carbon credits!
He is not interested in an “energy Policy”. This is a thinly disguised attempt to hump his wind power scheme.
T. Boone had a very plausible scheme in the ‘70s. Residential natural gas pumps, hooked up to your existing gas supply. At the time, govt could not figure out a way to collect the road tax, but Oregon has solved that with the electric cars, collecting tax on the mileage reported each year at license renewal. That must be a shock to Prius owners to pay 45-46 cents on 12000 miles($5400-5520).
They would recharge overnight at home and get you 80-100 miles the next day. They were hybrids since they burned CNG and gasoline on demand. The same idea would work today but electrical generation would have to be converted to coal, gasified, liquefied, or lump(hauled by rail). That would free up enormous amts of natural gas to be used in automobiles.
T. Boone reminds me a lot of Ross Perot.
‘Nuff said.