Today, the Tribune editorial board gets really excited about T. Boone Pickens, the former oil man who's pushing a new proposal to reduce U.S. dependence on foreign oil. I saw Pickens' first TV spot over the weekend. Have a look:
I have to admit, the first 50 seconds of the ad impressed me. I liked the emphasis on the "transfer of wealth" and thought this line was solid: "This is one emergency we can't drill our way out off." That was followed by Pickens' mention of harnessing wind power, which is fantastic.
But then he proposed "using America's abundant natural gas as a cleaner, cheaper alternative to foreign oil."
Oh, T. Boone.
Here's the Tribune's summary of the so-called "Pickens Plan":
He proposes replacing the 22 percent of electricity the nation gets from natural gas with wind energy. That would free up that natural gas to become an alternative fuel for cars. He says cars running on natural gas could cover 38 percent of U.S. transportation needs.
Climate Progress' Joseph Romm explains why this proposal is problematic:
Seriously, though, it’s great that gazillionaire TBP is talking up peak oil and joining the wind power bandwagon (see “Wind Power — A core climate solution“). And it’s great he plans to spend tens of millions of dollars pushing this idea and delivering the mesage that $15 billion dollars for the wind production tax credit is peanuts compared to the $700 billion this country is going to spend on foreign oil this year.
But if you want to displace oil, the obvious thing to do is use of the wind power to charge plug-in hybrids (see “Plug-in hybrids and electric cars — a core climate solution“), multiple models of which will be introduced into the US car market in two years. Indeed, with electric utilities controlling the charging of the plug-ins, they can make optimum use of variable windpower, which is mostly available at night time. That would be win-win-win.
The Pickens Plan, however, is based on the utterly impractical idea that “Harnessing the power of wind to generate electricity will give us the flexibility to shift natural gas away from electricity generation and put it to use as a transportation fuel.”
Uhh, never gonna happen, T. Boone. Never. The most obvious reason is the gross inefficiency of the entire plan.
Read Romm's whole response. He goes on to explain why the government is never going to spend the money necessary to convert to natural gas vehicles and why such a conversion would do little to curb greenhouse gases.
