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T. Boone Pickens' wind farm plan dies out

T. Boone Pickens has spent $60 million in the last year promoting the "Pickens Plan," an idea for a giant wind farm in Texas. Now, the billionaire oil man is saying he will postpone the project for at lesat a couple of years. The first hints that things weren't going as planned came last November, when PIckens couldn't get a loan to finance the farm. Pickens made the delay official yesterday, blaming the tight financial markets and trouble distributing the energy that was to be generated. The 81-year-old Pickens was valued at $3 billion in ... Read more →

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