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T. Boone Pickens Calls Off Massive Texas Wind Farm (LOL Alert!)
CNBC ^ | 7/7/2009 | Staff

Posted on 07/07/2009 2:33:50 PM PDT by Red in Blue PA

Plans for the world's largest wind farm in the Texas Panhandle have been scrapped, energy baron T. Boone Pickens said Tuesday, and he's looking for a home for 687 giant wind turbines.

Pickens has already ordered the turbines, which can stand 400 feet tall—taller than most 30-story buildings. AP Boone Pickens --------------------------------------------------------------------------------

"When I start receiving those turbines, I've got to ... like I said, my garage won't hold them," the legendary Texas oilman said. "They've got to go someplace."

Pickens' company Mesa Power ordered the turbines from General Electric [GE 11.01 -0.47 (-4.09%)] (parent company of CNBC)—a $2 billion investment—a little more than a year ago. Pickens said he has leases on about 200,000 acres in Texas that were planned for the project, and he might place some of the turbines there, but he's also looking for smaller wind projects to participate in. He said he's looking at potential sites in the Midwest and Canada.

(Excerpt) Read more at cnbc.com ...


TOPICS: News/Current Events; US: Texas
KEYWORDS: agw; energy; globalwarming; pickens; windpower
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1 posted on 07/07/2009 2:33:50 PM PDT by Red in Blue PA
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To: Red in Blue PA

SOme advice to Pickens: Stick to oil.


2 posted on 07/07/2009 2:34:31 PM PDT by Red in Blue PA (If guns cause crime, then all of mine are defective!)
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To: Red in Blue PA; Ernest_at_the_Beach
 


Beam me to Planet Gore !

3 posted on 07/07/2009 2:35:18 PM PDT by steelyourfaith ("The problem with socialism is that you eventually run out of other people's money" - Lady Thatcher)
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To: Red in Blue PA

Hey, maybe Big Head Ted will finally become Dead Head Ted and he can put em off Cape Cahd...


4 posted on 07/07/2009 2:35:59 PM PDT by jessduntno ("We are not retreating. We are advancing in another direction." - Sara Palin, quoting MacArthur.)
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To: Red in Blue PA

I’m surprised his pockets are not lined with “stimulus” money.


5 posted on 07/07/2009 2:36:03 PM PDT by DonaldC
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To: Red in Blue PA

Those windmills are the ugliest looking things I’ve ever seen. I don’t want them around me anywhere. We even have one in front of the Rock and Roll Hame of Fame and Museun here in dowtown Cleveland.


6 posted on 07/07/2009 2:36:17 PM PDT by GOP_Lady
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To: Red in Blue PA

He can ride a horse with a lance and charge at them.


7 posted on 07/07/2009 2:36:58 PM PDT by Mount Athos (A Giant luxury mega-mansion for Gore, a Government Green EcoShack made of poo for you)
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To: Red in Blue PA

Midwest to Pickens: hey, I’ve got some carbon credits I printed up in my garage - how about a trade?


8 posted on 07/07/2009 2:37:32 PM PDT by mdk1960
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To: Red in Blue PA

Mr. Boone , I’ll take one.


9 posted on 07/07/2009 2:37:41 PM PDT by silentreignofheroes (If I had any further to go,I'd be there.)
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To: Red in Blue PA

“a $2 billion investment”

I suspect he’s about to lose his a$$ on this. He got greedy on non existant global warming.


10 posted on 07/07/2009 2:37:52 PM PDT by east1234 (It's the borders stupid! My new environmentalist inspired tagline: cut, kill, dig and drill)
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To: Red in Blue PA
  Not every day is a windy day. If you could convert wind to oil, then you'd have something.
11 posted on 07/07/2009 2:38:37 PM PDT by Maurice Tift (You can't stop the signal, Mal. You can never stop the signal.)
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To: Red in Blue PA

Every few weeks I see one of these huge windmill blades being trucked through Houston. I don’t know where they are coming from or where they are going. Maybe on their way to T. Boone’s garage.


12 posted on 07/07/2009 2:38:58 PM PDT by Ditter
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To: Red in Blue PA

Did a little math here, 2B$/647, that’s like over 3 million dollars per turbine. Pricey little things, aye?


13 posted on 07/07/2009 2:39:22 PM PDT by JTHomes
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To: east1234

I think he spent about $100 Million on ads last year, if memory serves.


14 posted on 07/07/2009 2:39:34 PM PDT by Red in Blue PA (If guns cause crime, then all of mine are defective!)
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To: Red in Blue PA
He was waiting for Obummer to subsidize his 'investment' so he could take the profit from the power generated.

Now that the guvmint isn't going to give him a dime, he wants to get out of his "Wind is the answer" crap.

15 posted on 07/07/2009 2:40:14 PM PDT by Pistolshot (Brevity: Saying a lot, while saying very little.)
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To: Red in Blue PA

What is the water usage to cool the turbines? Is a source of such water located near the proposed wind farm? Has he REALLY thought this out? One has to wonder.


16 posted on 07/07/2009 2:43:44 PM PDT by 12Gauge687 (Extremism in the defense of liberty is no vice)
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To: Red in Blue PA

He was just on the Glenn Beck Show (with the Judge) talking about natural gas. He kind of glazed over this when the Judge asked him about the turbines.


17 posted on 07/07/2009 2:43:50 PM PDT by bluerose (PALIN For President, Liz Cheney Vice Pres.)
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To: Ditter
Every few weeks I see one of these huge windmill blades being trucked through Houston. I don’t know where they are coming from or where they are going.

I just drove through Wyoming the other day. There are a butt-load of them being set up there. Pretty cool to see them transporting those immense parts on the freeway.

18 posted on 07/07/2009 2:43:57 PM PDT by r9etb
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To: Red in Blue PA

Try Washington, DC. There’s plenty of wind there.


19 posted on 07/07/2009 2:44:50 PM PDT by Daveinyork
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To: Red in Blue PA

Looks like T.Boone just realized that “green energy” is not just picking the right time in the market. It’s really about lobbying, Gov’t bureacracy, tax benefits, political-back-scratching, and vast rules and regulations. In fact, there’s hardly any free-market at all!


20 posted on 07/07/2009 2:44:55 PM PDT by PGR88
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