Wednesday, November 12, 2008

The Pickens Plan Flounders

Forbes and the Wall Street Journal have been warning about this and the green blogs have been discussing this as well for some time now. This morning's New York Times carries a piece that shows where Boone has hit a rock: http://greeninc.blogs.nytimes.com/2008/11/12/pickens-delays-his-plan/ This is unfortunate, to say the least, and this blog did talk about OPEC lowering the price of crude to kill the plan. Hopefully, Boone will continue to plug ahead and actually sell electric cars etc and gain something from the publicity that he has achieved so far. If he really has any intention of making money and helping the environment, he would certainly do something in this direction.

Let's see what steps he takes in the days ahead. Actions speak louder than words.

No comments: