Underscoring how the credit crisis has short-fused many clean energy projects, T. Boone Pickens argues for federal government loans for wind developers to reduce oil imports.
Billionaire oilman's plans to build the world's largest wind farm in Texas have hit a snag because debt capital has dried up, the investor says at conference.
Little more than a month after the oil mogul unveiled his U.S. energy plan, which promotes natural gas vehicles, he invests in natural gas taxi cab company.
Frustrated with the Microhoo saga, corporate raider T. Boone Pickens has sold his entire stake of 10 million shares in the Internet pioneer, according to reports.
Wind power can supply 20 percent of the U.S.' electricity in 10 years, freeing up natural gas to fuel cars and reduce dependence on oil, says billionaire oilman Pickens.
If realized, the proposed "anytime upgrade" plan would let members pay a small fee to upgrade as often as twice a year. Gadget fanatics could readily trade up to the latest, greatest smartphone.
A lack of transmission lines means that a massive wind farm Pickens had hoped to build in Texas will need to find new locations.
Apple iPhone users, who've been wanting 4G speed since a year ago, could gravitate toward Verizon, which has bet its network on LTE.
T. Boone Pickens' alternative-energy plan gets political support, but his own wind project has hit some snags.
Oilman turned wind-power enthusiast T. Boone Pickens' energy plans are increasingly getting support. But his pet wind project has problems finding a grid to deliver power from his newly bought wind turbines.