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Pickens On Peak Oil

Pickens Plan--Wind Power Another Texas oil man has hijacked our nation's energy policy discussion. But this time, he might not be saying what you expect, that is, if you've been able to avoid T. Boone Pickens' media barnstorming crusade against fossil fuel dependence.

Pickens' is a billionaire career oil man with political connections. He was Bob Dole's energy policy advisor in his 1996 presidential run. He's the founder and chairman of BP Capital Management, who’s run out of faith that the traditional fossil fuel industry can solve (or even stop creating) energy policy problems. His well-rehearsed shtick is based on a few simple numbers: essentially, 70 percent of the nation's oil is imported from foreign sources, at a cost of $700 billion a year. In 10 years our energy use patterns will cost $7 trillion, and will constitute the largest transfer of wealth in human history. 

 

His solution is to develop wind power (as the United States is the "Saudi Arabia of wind power") to meet 20 percent of the nation's electricity needs and use natural gas as transportation fuel.

The pure economic cost and loss of security attached to our current energy woes are what troubles Pickens. Global warming, not so much. As he told the Los Angeles Times , "Al calls me, we talk, and he always wants me to go with him on his deal. I said, 'Al, global warming is on page 2 for me." Though he shares some of their views on energy policy, Pickens isn't signing up with any liberal Sierra Club climate change agitators, at least not yet. At the very least, it'll be interesting to see how this marriage of necessity fares during the hyper-partisanship of the 2008 presidential election.  

Pickens knows his plan is a stopgap, and further reduction of this $700 billion energy bill will have to come from more alternative sources, but it's harder to criticize a plan, no matter how limited in scope, that offers even a few concrete details on how to get to real energy and carbon savings in the face of a global energy crisis that sends politicians across continents into fits of short sighted, reactionary policy. Like another wily and memorable Texas billionaire, the Pickens Plan Web site has a short video featuring Pickens slashing energy costs by $300 billion with a few swipes on a marker board.

But is it all that easy? Al Gore won a Nobel Prize largely for defining the problem of global warming, and Pickens says he's got a plan that takes us almost halfway to being energy independent. Pickens speaks in the folksy and brusque manner of a Texas oil company board room, and a recent newspaper article was filled with admonitions for energy czars to "take the hill", to "sweep through" the Great Plains with wind power lines, and that there's "no other plan."

There is no board of directors (or even elected politicians) that even an oil man with cachet like Pickens could assemble that could make his plan come together fully formed. He plays up leadership and decisiveness (vital qualities in this situation, to be sure), but our current energy policy, or lack thereof, is the result of thousands of competing interests in a democratic marketplace of ideas. There's no reason to think this will be any different. If Pickens wants his ideas to take root, he'd be best served by taking his language out of the corporate board room and into the supermarket to engage energy industrial leaders, politicians, the public, and (of course) architects.      

 

Comments (14)

edward villegas:

I'm aware that you get thousands of e-mails daily. And I know that you have the same amount of inquires. I have watched your commercials and me bing a fellow Texan, I thought I will give you a try before I submit my package to the goverment or Al Goure for approval.

For the past 10 years I have been working on a project that learn to find out that it has the same out come as you are striving for. Mr Pirkins This is not a scam or one of your millions of inquires that are presented to you on a daily bases. My idean and plan is effective and will get the results that youa are trying to accomplish, with out spending millions of dollars , but making twice as much on your returns . That t you could reinvest in more research without requesting funding from the government . I know it sound to good to be true , but how is about 85-90% of american will benifit and also the world. If interstead the I call it thePirkins project and it is yours.
all you have to do is contact me. Time is a factor . PLease have your Corp. attorny present . Mr Pirkins, this is no get rich over nite issue, I beliver in my God and America. And if I was doing what you are trying to accomplish. I will belive in a average Joe like myself. In closing the best ideas came from guys like with a dream and desire and passion. A freind of mine Jim Wooden farther John Wooden once told me . Consider the right of otheres before your own fellings and the feelings of others before your own rights

It's been a pleasure
Edward Villegas

Terry L. Walker, AIA:

The problem with nuclear fuel is that it is NOT RENEWABLE and by definition NOT SUSTAINABLE. Like all fuels it does a great job of providing on demand power.

Nuclear energy requires U 238 which is in very short supply or enriched U235 which is more abundant. To enrich U235 requires a breeder reactor to make the fuel for power generation. However a breeder reactor can also be used to make weapons grade materials. Building breeder reactors suggests a corresponding expansion and acceleration of the proliferation of nuclear weapons globally if nuclear is the choice for replacing fossil fuel. Nuclear waste is expensive and difficult to get rid of. We have enough problems!

The systemic weakness in power generation, that holds wind, solar and other renewable sources within fixed limits is the lack of effective energy storage capacities and not the price, not the technology, and certainly not the potential scale of the plant. Rooftop power plant could easily grow beyond 1600MW

Jeremy:

The thing we have to realize, is that the world will never last forever, and the human race will end. its inevitable.

What we have to focus on, is just making it last as long as possible. Green energy is step one.

james w. green, AIA:

To all that are concerned:
Wind, solar, waves, geo-thermal, ethnol(what a joke, Brazil has it all ready, but we tariff it 54 cents per gallon- that's smart while we reinvent the wheel again wasting water); are all very good sources of energy at local areas. I worked on the High Level Nuclear Waste Repository, Yucca Mtn. An incredible project, built out of 'tuff'. So, I wonder why no one wants to talk about clean, safe and boundiful source of electricity, and THEN WE PLUG EVERYTHING INTO IT AND SELL THE REST. What a concept! Does everyone really think after 30 years we know how to build safer, cheaper with the technology we have today?OR IS IT NOT IN MY BACKYARD ONCE A 'F---KING AGAIN'! I am sick and tried of listening to our failed energy policy also, since 1974 nixon.
Keep up the good fight!
Other energy sources than nuclear have to compare costs versus wattage output to see that the money spent is viable. Its difficult to compare 1600MW (that is megawatts-million watts) with a wind farm or solar arrays with 3-6mw. Need to convince the politicos to stick their necks out about nuclear and get going! Thanks. jwg

Terry L. Walker, AIA:

This is posted seperately and addresses a problem arising from bankrupt political philosophy.

Shawn Emmons has raised the issue of the federal governments role in transcending the current energy state to the desired future energy state and concluded that there should be NO federal program.

The budget was balanced under the Clinton administration, (by the way) and the Busch administration borrowed money and governed us into this recession. FACTS must always precede correction of errors.

There is a huge debt and it is expensive and that is a problem. That means we have to do something to change our direction and heal the current of error in government and the corporate board room.

Energy is a bigger problem than the reckless spending because the failure of the Busch administration and others to do something about the energy problem is now clearly a component aggravating the reckless spending and a driving vector of the recession.

Solving the problem without government as a partner is not an actionable solution. How would that be possible?

The legal landscape will require modification to empower rooftop power plant or windmill farms and Energy Storage systems and all the infrastructure needed to make sustainable green power a reality. It must be economically feasible to create the necessary change and be urgently addressed by our nation. Private investment can only be harnessed by opportunity for robust profit. This nice sounding slogan; "LIBERTY is more fragile than the ENVIRONMENT" defies cogent interpretation and borders on Intellectual Bankruptcy. We are losing freedom in every way everyday. The worst of which is being enslaved by the bankrupt policy and philosophy that promotes continued status quo and the destruction of the planet over cogent actionable solutions. Doing nothing ultimately subordinates this civilization to has been status according to the consensus of the worlds scientist's.

WE MUST SOLVE THIS ENERGY PROBLEM & GLOBAL WARMING PROBLEM NOW!

Wake up! We are addicted to oil, we are slaves to it, this not liberty, our paychecks are losing the power to buy the things we need and you may have forgotten that "we the people" are the government. Government is not a separate entity estranged from us, it is us. That means we are responsible for the failed energy policy of this nation and all the rest of it.

LET'S FIX IT and GO FORWARD to a civilization that is substantially more self sustaining and forge a more symbiotic relationship between the body of civilization and our living world.

We have to spend the money and create the jobs to create a new more desirable energy state. Shawn is correct we can cut back and reduce waste. But not enough.

By 2050 we will have a global population of close to 10 billion people and no where close to the energy needed to sustain that. Fresh water is only 2% of the water on the planet and Global Warming is largely driven by human activity of which this nation is responsible for a lions share.

Definitely the government must be involved and must participate in driving the solutions.

Terry L. Walker, AIA:

This is a sad case of too much said and not enough thought. Wind only provides power when the wind blows. Solar only provides power when the sun shines. There is no shortage of power and the price is right.

As it turns out Wind and solar power exists in such supply that each is more than enough power to cover 100% of the energy we need for built environment. Both are very affordable and the solutions are in hand. The first of two problems being only the intermittent nature of these affordable natural renewable power sources.

There are other good options in limited places. Geothermal power is more consistent and if you are close to an ocean, then waves and tides could be tapped to generate electrical power all day long.

The second problem is created by a delivery model and infrastructure that is out of date. The on demand paradigm of our power generation industry is a serious limitation on achieving sustainable green power. Fuel is the only thing that fits this delivery structure.

The missing and typically overlooked solution is ENERGY STORAGE. Energy storage would provide the missing backbone to the existing energy delivery infrastructure. With Energy Storage capacities, we could tap wind & solar energy at will, as well as small scale hydro, geothermal and wave and tide power generation.

Large scale energy storage is the core capacity to the sustainable energy solution. There are promising technologies such as pumped hydro, CAES, super capacitors and superconducting flywheel. I have developed some of my own to add to the list.

Solar is more available and more profitable than wind power. I acknowledge the good intentions but with all due respect to Mr. Boone Picken's the focus on wind and natural gas reveals considerable tunnel vision on the part of your consultants. The truth is if they neglected to mention solar energy and the necessity of having energy storage systems, you simply hired the wrong guys.

Kenneth:

I agree with Timothy. I am sick and tired of our politicians serving their own end goals of power and wealth. "...government by the people- for the people". Ring a bell, Washington? Instead it seems all the democrats want to do is nothing - and then blame the republicans for it. What's your IMMEDIATE plan Pelosi, Reid, et al? Because everything I heard from you and your cronies will take decades to implement. At least Mr Pickens has ideas for the short term. There will always be people who don't agree but it's beyond midnight. I've listened to our politicians talk about what needs to be done. Yet another year has gone buy and the situation only gets worse.

Alternative energy solutions solve multiple problems- economic instability, national security, and environmental/ global warming concerns. Any one of these might compel you to advocate for energy independence. if the end result is the same, does it really matter what your primary motivation is?

Shawn Emmons:

As of 7.30.08 the National Debt is 9,532,535,640,914.74. That is 9.5 trillion dollars. According to federalbudget.com, “Each year since 1969, Congress has spent more money than its income.” The third largest expense of the federal government is the interest on the debt. I take issue with the notion that “The Government could very easily start a huge program…” The federal government cannot and should not.

Grover Norquist has calculated that the cost of government this past year took 197 days to pay off. This cost consumed 53.9 percent of national income.
(See realclearpolitics.com/articles/2008/07/cost_of_government_day.html 16 July 2008)

Government is the only entity that can claim the legitimate use of force to implement its will.

In order for the government to save the world, it will have to lay claim to more of our lives and more of the fruits of our labor. This will make us more regulated, more dependent and less free.

Liberty is more fragile than the environment.

The world has no perception. People within the world have varying perceptions of these United States. Within otherwise homogenous populations, disparate opinions about the U.S. are held by individuals. Who claims to be the arbiter of the world’s opinion? The united nations? Certain media outlets? Domestic political parties? By what metric shall we measure whether we have gained respect again? Respect from whom? The statement “gain respect again” sounds like a permutation of the phrase “take back America” as Howard Dean has a habit of saying. Should the goal of U.S. domestic energy policy consist of an attempt to influence a contrived measure of non-existent world opinion?

July 30, 2008,
Missouri:

"There are things that you can do individually though to save energy," Sen. Barack Obama, D-Illinois, said. "Making sure your tires are properly inflated, simple thing, but we could save all the oil that they're talking about getting off drilling, if everybody was just inflating their tires and getting regular tune-ups. You could actually save just as much."
Source: blogs.abcnews.com/politicalpunch/2008/07/from-the-fact-1.html

According to the Energy Information Agency (eia.doe.gov/oiaf/ieo/highlights.html), world energy consumption will grow by 50% by 2030. Additionally, “To meet the increment in world liquids demand in the IEO2008 reference case, total supply in 2030 is projected to be 28.2 million barrels per day higher than the 2005 level of 84.3 million barrels per day.”

We use energy. We need adequate supplies in order to maintain reasonable prices. Domestic sources are more secure and are more financially beneficial to us than foreign sources. Carbon reduction is and should remain a tertiary concern.

Timothy R. Stormont:

I don't really agree with the suspicious tone of this article. T. Boone Pickens is an oil man, so what! He is also the very practical, can do kind of guy the "Green" movement really needs. I hate to say it but the "all or nothing" attitude of many environmental idealogs may only serve to keep us from doing nothing until it's too late. The sooner we start moving in the right direction the better.

George A Trosky:

The Pickens Plan looks good to me....since it can have a quick and significant impact to current needs. Longer-range strategies can be developed too, but lets do something that makes good common sense TODAY.

It does not matter that Pickens is the messenger and the funding element to his wind plan. If the USA would have taken a stand back in the 70's we would not be in our current dilemma. The Government could very easily start a huge program to help pickens project and create huge employment options for USA jobs.This message would change the world's perception of the USA and gain respect again that we we mean business and not with only milatary might.

Edward Erfurt:

The point of all of this is that we have options to make a difference. Money is now the new Green. Sustainable practices are not only smarter, they are becoming cheaper. If this is the right thing do to, then who cares who sends the message?

Shawn Emmons:

It must be discouraging that the discourse among the citizenry is animated more by the burden of increases in energy cost for the individual than by a motivation to remedy the crisis of AGW.

Al Gore was not the sole recipient of that Nobel Prize.

Patrick J. Michaels is a senior fellow in environmental studies at the Cato Institute and an active member of the United Nations’ Intergovernmental Panel on Climate Change, which was awarded the 2007 Nobel Peace Prize.

Listen to this Nobel Prize winner and IPCC member:

http://planetgore.nationalreview.com/post/?q=MzMwNzI1N2FjOWE1ZWNhMzg2MjBlODlhZjFlMTYyNDg

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