Texas oil billionaire T. Boone Pickens has called off plans to build the world's biggest wind farm in the Texas Panhandle, The Wall Street Journal said. Pickens said the wind farm project was scuttled partly because of the lack of adequate transmission lines to carry the electricity from remote locations to cities, according to the paper.
The oil tycoon had hoped to build new transmission lines but could not secure financing, the paper said.
Pickens plans to find new homes for the turbines that he already agreed to buy, the paper said, citing a statement.
Pickens could not immediately be reached for comment by Reuters.
(Reporting by Ajay Kamalakaran in Bangalore; Editing by Greg Mahlich)
© 2009 Reuters
Source: NewsMax
Is there anyone out there other than me that is shaking their head in disbelief?? The government is pushing their global warming (ah climate change hoax) agenda down our throats and trying to convince the American People that they need to pass cap-and-trade, which in reality is cap-and-tax, the largest invasive power grab and tax increase in American/world history… and someone like T. Boone Pickens can’t get funding for his “green” project in this climate??? Hello???
And to confirm the lack of available financing, Donald Trump just said the same thing last week in an interview with Fox News’s Greta van Susteren:
When Greta asked Donald Trump what he’d do if he were President he said he would force the banks to loan the stimulus money that we, the taxpayers, have given them. He said no matter how wealthy you are, you cannot go out and get a loan. The banks are just sitting on that money, covering their bottom-line.
It is becoming ever more clear that the stimulus was a disaster, money is not flowing down, the Obama Financial Team either doesn’t know what they are doing (per V.P. Biden) or are purposely doing things to re-make or negatively impact our entire system and that we are being sold a bill of goods, including Cap-and-Trade, Nationalized Health, and the list goes on.
Posted: Knowledge Creates Power
Related Resources:
- President Trump? What If?
- No More Green Guilt
- Scientist: Global Warming Claims a Lot of Hype
- Senator Inhofe Calls for Inquiry Into ‘Supressed’ Climate Change Report
- Energy Czar Has Not Read Climate Bill Either & Boehner Say Bill Is Pile of S__t!
- 8 GOP Votes Pave Way For Cap-and-Trade
- Pelosi Pushes Carbon Tax Vote Today
- The 8 Cap-and-Tax Republicans and 44 Dems Who Voted No
- House Passes Milestone Energy, Climate Change Bill
- WSJ: Cap-And-Tax a great deal… if you don’t Measure the Costs
- Congressman Requests Moment of Silence for Jobs Lot From Cap…
- Power Grab
- Stifling Science To ‘Fight Warming
- Video: Obama: My Cap-and-Trade Plan Will Make Electricity Rates 'Skyrocket' | The FOX Nation"’
- Green Hell
- Red Hot Lies
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