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Filed under: Emerging Technologies, Etc., Green Daily

Economic woes slow down the Pickens Plan West Texas wind farm


Photo by foxtwo. Licensed under Creative Commons license 2.0.

The tumbling economy has certainly taken its toll on automakers, ethanol producers and everyone else, pretty much. Why should T. Boone Pickens escape the downfall? He hasn't. The huge west Texas wind farm that is part of T. Boone Pickens's new energy Plan has been delayed and now probaly won't be ready by 2011. According to CNET the delay is because the farm is "having trouble getting financing because of the credit crunch." Sheesh, if a billionaire can't get a loan, then we're all screwed. The good news, if you're in favor of the Plan, is that Pickens called this a temporary setback. While Pickens made the announcement at the Forbes Energy Conference this past week, when he also made completely positive appearance on the Daily Show. Watch it after the jump.

Gallery: Wind Farms


[Source: Sustainable Business, CNET]


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