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By 2035. you can accomplish that by a rule that would require the utility industry to begin to buy solar and wind and other sources. bill: here is the problem. if you make a rule like that that the utility companies have to buy my and your utility rites rates will go through the roof. a man was in my office i have to get out of wind deal i can t market it. it s too complicated. this is t. boone pickens, it s not going to work. that is the problem. maybe one of the reasons it s not working for him we haven t invested enough in the power grid. how much do you want to invest. he invested billions of his own money? he got blown away, pardon the pun. he invested in the windmill part but the grid is something more of a public responsibility. ....
By 2035. you can accomplish that by a rule that would require the utility industry to begin to buy solar and wind and other sources. bill: here is the problem. if you make a rule like that that the utility companies have to buy my and your utility rites rates will go through the roof. a man was in my office i have to get out of wind deal i can t market it. it s too complicated. this is t. boone pickens, it s not going to work. that is the problem. maybe one of the reasons it s not working for him we haven t invested enough in the power grid. how much do you want to invest. he invested billions of his own money? he got blown away, pardon the pun. he invested in the windmill part but the grid is something more of a public responsibility. ....
By 2035. you can accomplish that by a rule that would require the utility industry to begin to buy solar and wind and other sources. bill: here is the problem. if you make a rule like that that the utility companies have to buy my and your utility rites rates will go through the roof. a man was in my office i have to get out of wind deal i can t market it. it s too complicated. this is t. boone pickens, it s not going to work. that is the problem. maybe one of the reasons it s not working for him we haven t invested enough in the power grid. how much do you want to invest. he invested billions of his own money? he got blown away, pardon the pun. he invested in the windmill part but the grid is something more of a public responsibility. ....
East coast or the west coast of the united states. am i for that? yes, i m for anything american. i want to get off opec oil. but i do see maybe an opportunity here that the natural gas act, which is a part of the kerry/lieberman bill, that it can go stand alone at this point, because that will truly reduce dependency on opec oil. so, if we could get that initiated, that would be great. but are you going to get the money you need for wind power? you know, wind power, joe, s is people don t understand, i think, that wind power s price off the margin, the margin is natural gas. natural gas is so cheap that it s hard to price and finance a wind deal. and so you ve seen you ll see this year, i think florida power, they re the largest in the wind business, that their construction will probably be ....
And that some changes have occurred since then, and, of course, i was going for the renewables, wind and solar, and i was also i wanted to use natural gas for transportation fuel. so, let s look at today where we are. that s two years ago. yep. and what do we have? we got a natural gas price of $4. and wind is priced off the margin. and the margin is natural gas for power generation. so, it won t work at $4, so it s hard to do a wind deal. yeah. but, the wind was not going to take you off of imported oil. and that was the biggest issue, as it unfolded and i learned more about what i was up to, that the security issue is what we ve got to focus on, and we ve got to get off of the opec oil. so, what s the best solution for that right now? and is what president obama has ....