Reuters Reporters Can’t Believe Billionaire Oilman Is Investing in Wind to Make Money
April 18, 2008 · Print This Article
With a name like T. Boone Pickens, Jr., how could you not grow up to be a billionaire oilman?
80 year old T. Boone made his billions over the decades by growing his oil company through a flurry of mergers and acquisitions and is now setting his sites on the wind. His plan calls for spending $10B to build the worlds largest wind farm in Texas.
I found this news in a Reuters story, author Chris Baltimore seems blown away that someone actually expects to make money by doing something green. Check out:
But Pickens is not out to save the planet. He intends to make money.
Golly gee, a businessman invests in a green business and isn’t doing it to make the world a happier and shinier place? He actually will make money? Stop the presses, 1999 wants it’s storyline back.
Link [Reuters]
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I live in California and its becoming more and more common to see gas stations with solar panels on their roofs. Seems like a good sign for renewable energy.