WALL_STREETThe Skinny
WRAL Local Tech Wire Publisher and Editor Rick Smith dishes out tidbits from the local technology sector.

Free enterprise mixes with patriotism, going green – Pickens’ NIMBY wind strategy

RESEARCH TRIANGLE PARK, N.C. – T. Boone Pickens is synonymous with oil, so when the Texas billionaire warns that his homeland is too dependent on foreign oil people listen.

To back his words, he is building the world’s largest wind farm in Texas. But don’t forget this fact when praising Pickens for his move to renewable power – the farm isn’t being built in his own backyard. Make that ranch, as in 68,000 acres.

“I’m not going to have the windmills on my ranch. They’re ugly,” he told Fast Company magazine in its June issue. “The hub of each turbine is up to 280 feet, and then you have a 120-foot radius of the blade. It’s the size of a 40-story building.”

In other words, one – just one – windmill would be taller than the three skyscrapers that adorn the Raleigh skyline. Imagine hundreds of them – no, thousands – spread across the landscape.

Duke Energy has embraced wind power in a big way with recent acquisitions. But some folks in North Carolina don’t want windmills off our coast or on the Blue Ridge, either. So it is apparent eye pollution comes ahead of going green on some people’s priority lists. But, hey, at least Pickens is showing leadership even if he’s a NIMBY (not in my back yard), and he’s relying on free enterprise and technology, not government handouts or subsidies such as is the case with ethanol.

Pickens announced in New York on Wednesday an initiative that if implemented would slash U.S. dependence on foreign oil, keep trillions of dollars at home, and help trigger manufacturing of natural-gas powered vehicles.

“With all my experience, I've never been as worried about our energy security as I am now,” he wrote in a Wall Street Journal column today. “Like many of us, I ignored what was happening. Now our country faces what I believe is the most serious situation since World War II.

“The problem, of course, is our growing dependence on foreign oil – it's extreme, it's dangerous, and it threatens the future of our nation.”

Pickens received national TV exposure Tuesday night for his idea, and he is running ads to support his plan. However, he’s not doing the wind power dance out of patriotism alone. Here’s what he told Fast Company when asked if his concerns were about money or the environment:

“Money! First thing, it’s about money. Of course, I’m also a good environmentalist. I can pass the saliva test.”

He noted the wind farm will cost around $10 billion. It will include more than 2,000 turbines with each capable of producing two to three megawatts of electricity.

To publicize his cause, the 80-year-old has embraced the latest technology, such as Facebook and YouTube. And to his credit he is relying on himself.

"It's 100 percent Boone's money," Pickens told The Associated Press. "I don't have any partners in this."

So Pickens is off and running on the wind – just not on his ranch. Good for him. But what happens when someone wants to plant a tower near his property line?

As the energy debate intensifies in coming months, the NIMBY problem is one that will loom ever larger. A lot of people will say this: “Energy independence sounds good – just make it happen somewhere else.”

What will you say?

Contact Rick Smith

Read More Posts from this Blog
Share:      

1 Comment


Golo

Welcome to GOLO, where WRAL.com visitors can comment on stories and create profile pages, blogs and photo galleries.

You must be a registered WRAL.com user to use these tools. Click here to register or log in.



page 1
sort order: oldest first | newest first

I say bring them on!!! If I had a few acres & could put one of these on my acreage & help generate some wattage & a little kickback in return, I'd do it. It's my property. If some schmuck can turn his property into the slums of a neighborhood or have a goat farm on it in the city or deposit a hundred old, rotting cars on it because it's their property, I can do what I like too! The heck with what everyone thinks & everyone doesn't want to see - if everyone supported this, then perhaps we'd be much less dependent on that foreign oil. This technology has been available for a long time, yet not widely supported. Why - because no one wants to SEE it or HEAR it. And, I'm sure there are naysayers who say it's not necessary or impractical or etc., etc., etc., etc.!!!!!!!! To me, it sure beats the rising price of gas these days, and the days to come.

OK NOW - come on, all you naysayers!!

page 1
sort order: oldest first | newest first

Stories are open for comments between 7am and 10pm Monday through Friday, but GOLO is always open. Sound off on community issues, create your own blog, upload and share image galleries and make new friends in GOLO!

 

Featured Blogposts
  1. John Forslund blog mug 46x55
    John Forslund
    A matter of trust

  2. WALL_STREET
    The Skinny
    Nourish International blends entrepreneurship, philanthropy to combat hunger

  3. African Violet
    Gardening Gloves
    Extend the Life of Your African Violets


Other Recent Blogposts
  1. WRAL WeatherCenter Blog: Wedge Ahead?

  2. Bill Leslie's Carolina Conversations: Walking across North Carolina

  3. Brian Shrader's Siteseeing Blog: Surprised kitty