In a recent interview with Fast Complany.com's David Case, T. Boone Pickens made some interesting admissions:
Pickens: "I'm not going to have the windmills on my ranch. They're ugly. . . ."
Question: "So whose land is it going on?"
Pickens: "My neighbors', . . ."
Question: "What happens if Congress doesn't extend the $20-per-megawatt-hour Production Tax Credit for wind -- set to expire December 31? On a project this size, that's an $80,000 deduction every hour at full capacity."
Pickens: "Then you've got a dead duck. It would be hard to go without a subsidy."
Question: "What about when the wind doesn't blow?"
Pickens:"That's the problem with wind generation. You've got to supplement it with a gas-fired or coal-fired source so whoever buys it gets continuous 24-7 generation."
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