Well, apparently Texas oil billionaire T. Boone Pickens is beginning to think there are better pickin’s somewhere besides wind farms.

While claiming that he cannot get funding for the needed transmission lines from his massive wind farm project to the grid where he can sell the power, I’m wondering if somebody wasn’t over zealous to cash in on some government green programs.

Wind power just doesn’t seem to make too much sense unless someone else is paying for it.

Our local school district just put up a wind generator at a cost of about $2.5 million. They say it will save around $90,000 per year in utility bills.

Wow! That’s a whopping 3.6% return on your investment. Oh, did I mention there was some government money to help pay for that?

Otherwise, that 27.7 year payback may actually be longer than the life of the wind generator. Especially since the company that made it has already had to swap out blades because they find they have a tendency to crack, especially when it’s cold.

Gosh, and they sell them to customers in Minnesota, Wisconsin and Illinois. Where it gets pretty darn cold sometimes.

As far as I know, there is still plenty of money in the oil business. Perhaps T. Boone Pickens out to go back to what he knows best.

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