T. Boone Pickens might be forgiven for his Swift Boating because of his apparent death bed conversion to Going Green, but it was not to be as he has quietly abandoned his wind farm project, but not other ventures to enhance his fortunes.
So much for the vaunted Pickens Plan. Texas oil billionaire T. Boone Pickens' massively publicized scheme to build a $10 billion wind farm in West Texas has discreetly been put on hold. Pickens cites the difficulty securing financing during the credit crisis, but has also told reporters that energy prices would have to rise again before the project becomes economically viable.
Although his motives have been revealed, the dialogue has begun.
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