http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/ Engadget Comments for Oilman T. Boone Pickens drops $2 billion on wind power http://www.engadget.com/media/feedlogo.gif http://www.engadget.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 11:53AMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
We just need to be allowed to drill for it.

Wind power only makes money because it is subsidized, not because it's cost effective.....

And the carbon dioxide argument is getting holes blown in it constantly.

Al Gore, your lies are coming to haunt you!]]>May 20th 2008 12:13PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
Personally, I'm tired of breathing car exhaust in.]]>May 20th 2008 12:24PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
I don't know where you live, but try living in New York City and tell me that breathing in all that car exhaust is good for your health.

As for allowing to drill in other places for oil, how about we install an oil drill right in your backyard since you're so willing to do that. I, for one, do not want anymore oil refineries in our state parks, conservations, ocean, or near the New Jersey Turnpike.

And also provide some proofs and evidence to your statement that the carbon dioxide argument (I assume you're thinking of Global Warming). And also note who funded these scientists and researchers who are against this argument. And finally, provide the numbers of scientists who are for and against this argument. ]]>May 20th 2008 12:35PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
Think again: wind power will eventually become cost effective ONLY if you allow its development. You gotta start somewhere, and preferably as soon as possible.]]>May 20th 2008 12:48PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/I do have to say it is a rather interesting proposal to offer payment to people if they allow one of these turbines on their land, might reduce the cost a bit while creating an incentive to farmers.
I wonder if these wind turbines are going to be backed up by diesel turbines like the ones in my state are. After all the wind doesn't blow all the time, and sometimes it blows too hard.]]>May 20th 2008 1:19PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 1:35PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
I prefer the exhaust smell in NY. It keeps down the smell of dirty water hot dogs and urine.]]>May 20th 2008 3:08PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
I have a two oil wells about 100 yards from my house!

Extremely clean operation. Oil refinery is about 15 miles away.

Also, the REALITY is that we will not see oil run out of supply within our lifetime.

Please take you heads out of Al Gore and Greenpeace's ass and start thinking for yourself. Read more than news stories and actually dive into real scientific journals.

A student with a second grade science education can realize that carbon isn't a pollutant and that humans, human creations, and human influences make up a portion that is less in a lifetime than one volcano eruption.

]]>May 20th 2008 3:14PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
"Also, the REALITY is that we will not see oil run out of supply within our lifetime."

I hope you Do have children so they can say "yeah my dad is a fucking moron and a selfish prick"]]>May 20th 2008 3:42PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
"Also, the REALITY is that we will not see oil run out of supply within our lifetime."

So you're saying we should just keep burning oil and let someone else deal with it in the future? How nice of you. And with what proof do you dare say the above statement is "reality"?

In fact, what's more important is that we need to reduce polluting gases from burning fossil fuel. No one said carbon is a pollutant (do you even know what you are talking about?), but carbon dioxide and many sulphuric compounds do contribute to acidic rain and greenhouse effect.]]>May 20th 2008 3:45PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
drill more and end our oil worries today, whilst at the same time research for new energies. you people should know that the minds on this planet are more than capable of the research and development of new technologies.]]>May 20th 2008 4:35PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
Unless you're just trying to justify your lifestyle by being ignorant, watch this talk by Albert Barlett and try again. http://video.google.com/videoplay?docid=-5051121482067161853&q=%22Arithmetic%2C+Population+and+Energy%22&total=11&start=0&num=10&so=0&type=search&plindex=0]]>May 20th 2008 4:42PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/]]>May 21st 2008 3:37AMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 11:54AMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 12:44PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 12:51PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 21st 2008 3:37AMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 11:55AMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 11:56AMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
I want a power system that can handle all of my power needs, not just most.
Also, the efficiencies of large wind turbines, justifies individuals not each having there own, you seem to want everything for nothing...]]>May 20th 2008 12:06PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 12:17PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/Also, I cannot afford the £25,000 plus maintenance Jandolf suggested later in a later post.
Don't ever tell someone its basic economics when you don't understand the big picture. I have taken advanced economics courses and courses in alternative energies. When it comes to turbines and cost per kilowatt, big is certainly better.]]>May 20th 2008 12:35PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 12:38PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
He's building turbine at a cost of $3,000,000 per turbine with an income stream of $20,000/year/turbine. That's a 150 year year payback....for an old guy! It seems to me that he is investing in the future. Props to him.]]>May 20th 2008 12:54PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
I'm not sure that you're doing that right. He's dropping $3,000,000 on a turbine *plus* paying $20,000 a year to the land owner. That initial three million cost will increase incrementally each year.

I think he'll make his money back by selling the electricity - and I'm sure it'll happen a lot sooner than 150 years from now. ]]>May 20th 2008 1:31PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
The generators he's going with are likely GE's 1.5 MW turbines. If generating peak efficiently, that means each one will output 1.5 MW an hour. The average Texan pays between 10-12 cents per kWh, giving the generator a potential revenue of $180 an hour at peak efficiency. Most industrial wind sites annually generate 60-80% of their rated max capacity. That would give each wind generator an annual revenue of $1 to 1.25 million dollars.

This guy is smart, he's investing 2 billion to build these wind turbines, and will make between 600 and 900 million annually from the power they generate, at current market value. The land to lease them costs 12 million annually. And maintenance is likely 4-5 million annually. He'll pay the investment off in 3-4 years and be raking in the dough as energy prices go up for the rest of the lifetime of the turbines, which should be around 30 years total. Everything after 4 years will be just pure profit.]]>May 20th 2008 1:30PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 11:57AMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/Jul 9th 2008 9:01AMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 1:08PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 12:00PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 10:02PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 12:25PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
]]>May 21st 2008 3:41AMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
@ David: OK, it's not exactly cheap, but check this out: http://www.inhabitat.com/2006/11/15/quiet-revolution-wind-turbine/]]>May 20th 2008 12:01PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
David's comment, which this partially (but not fully) responds to, reads as follows:

Green power is good, but this green power still makes fatcats fat. I want a low-profile relatively inexpensive personal turbine that can handle most of my homes needs so I don't have to pay the man.

Once again, I agree with you entirely, but that's not going to make it happen for everyone. This will]]>May 20th 2008 12:03PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
Free caves and fire for everyone!]]>May 20th 2008 12:07PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 12:05PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 12:09PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/
Several California counties are dealing with the fact that their turbines are hurting endangered species such as the California Condor.

]]>May 20th 2008 12:15PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 12:17PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 1:12PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 12:07PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 12:08PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 12:30PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/]]>May 20th 2008 12:16PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 12:35PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 12:38PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 12:49PMhttp://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/http://www.engadget.com/2008/05/20/oilman-t-boone-pickens-drops-2-billion-on-wind-power/May 20th 2008 12:54PM