A Legacy of T. Boone Pickens: Political CapitalistBy Robert Bradley Jr. -- September 24, 2019 1 Comment
“Mr. Pickens was an early exponent of the peak oil theory, which held that the world would soon run out of oil to pump. The rise of fracking, which made hard-to-reach oil accessible, upended the theory.” (Washington Post, below)
“’It’s been valuable to have Boone as part of the team,’ said Carl Pope, who was executive director of the Sierra Club at the time, in response to the oilman’s backing of alternative energy sources. Former Vice President Al Gore also backed Mr. Pickens’s alternative energy campaign.” (New York Times, below)
Business leaders can help or hurt the capitalist system with their actions and rhetoric. Swashbuckling T. Boone Pickens (1928–2019) gained a reputation as a disrupter, shaking up a stodgy oil major (Gulf Oil, now part of Chevron), among others.…
T. Boone Picken’s Little Green Deal (remembering a stillborn crony scheme)By Robert Bradley Jr. -- February 19, 2019 4 Comments
“Mr. Pickens’s original vision had something for everyone. First he would build a wind farm in Texas with 2,700 turbines costing upward of $10 billion. That would pump power into the national grid, allowing huge amounts of natural gas to be diverted from power plants to newly equipped cars and trucks. The result, he promised, would be a sharp reduction in the country’s dependence on Middle East crude.”
“‘This to me is like a war without guns,’ says Mr. Pickens….”
– Neil King, Pickens’s Windmills Tilt Against Market Realities, Wall Street Journal, January 13, 2009.
A decade ago, a rent-seeking, vainglorious Texas oil man named T. Boone Pickens spent tens of millions of dollars to promote what today might be called the Little Green Deal. It was nicely summarized in the Wall Street Journal at the time by Neil King, Pickens’s Windmills Tilt Against Market Realities.…
Sierra Club Energy: Beyond AffordableBy Lance Brown -- September 12, 2012 4 Comments
The irony is that an honest Sierra Club executive back in the 1980s gave windpower its most infamous nickname, the Cuisinarts of the Air. Sierra Club members have resigned over the organization’s pro-wind policy, and grassroot environmentalists have tasted wind only to spit it out (here and here). And the Old Mare refuses to address devastating criticism about industrial wind, such as from Jon Boone here at MasterResource. 
Many examples of Sierra Club policy against environmentally superior dense energy can be chronicled.…
1Q–2012 Activity Report: MasterResourceBy Robert Bradley Jr. -- April 13, 2012 2 Comments
With 415 categories in our index, MasterResource is a lasting research tool, not only a day-to-day contribution to energy scholarship and current political debates. And we have achieved critical mass; ‘Google’ an energy-policy-related term along with MasterResource, and there we usually are!
Our content promises to stand the test of time. Our headlines do not have Stunner or Stunning as does a rival blog selling energy/climate alarmism. Our contributors are wed to reality, not to think-it-and-make-it-is-real and wish-it-and-it-can-happen postmodernism.
Wind Power Niche
One particular niche at MasterResource has been giving voice to the growing, articulate grassroot opposition to industrial wind parks. Such turbines generate a heavy environmental footprint, not only small, unreliable bursts of electricity.…