T Boone Pickens has been wrong before. The billionaire oil man discusses those times openly in his book, The First Billion is the Hardest. But mostly being wrong for Pickens is really a matter of timing – not substance.
And that is why it is interesting to note, in a recent interview, how keen he has become about wind – and now, water.
Pickens was so sure about the future of wind that, until the economic crisis, he was pushing it full force, with plans for the world’s biggest wind farm, in the Texas Panhandle. He has shelved those plans, because of transmission issues in getting the wind power generated to the urban centres where it is needed.
