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Pickens Plan II: Retreat as Prelude to Failure? (worth reading Sunday)

By Robert Bradley Jr. -- March 29, 2009

Several MasterResource posts on the problems of the original Pickens Plan, and the retreat to Pickens Plan II, are worth revisiting as T. Boone continues his multi-million-dollar quest for a government-engineered energy makeover.

Pickens, like Al Gore, does not want to debate his plan–he just wants to implement it with edicts. But fundamental problems remain with Pickens I and the scaled-back Pickens II. Here is a one-two-three punch by critics:…