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Even billionaires are getting the blues in this economy. T. Boone Pickens can't go green with his plans to build a giant 4 GW wind farm in Texas. Expenditures of almost $60 million over the last year touting his Pickens Plan to wean the U.S. off imported oil in favor of wind energy and natural gas vehicles seem to have been wasted. He blames transmission constraints, although failure to secure financing may be the reason. Where's the fail point here? Technology realization needs more than monetary support, but if a billionaire with some energy expertise can't make it happen, then who can?
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