Tboone: He’s Only Helping Himself

The more I hear about Tboone, the more he sounds like Algore. Again I ask, why does a billionaire need to scam the public to earn another billion or two? He’s in his 80’s fercrisake! You can’t take it with you. Here’s another article from Steven Milloy of JunkScience exposing more of Tboone’s dirty dealings.

The more you learn about T. Boone Pickens’ plan to switch America to wind power, the more you realize that he seems willing to say and do just about anything to make another billion or two.

This column previously discussed the plan’s technical and economic shortcomings and marketing ruses. Today, we’ll look into the diabolical machinations behind it.

Simply put, Pickens’ pitch is “embrace wind power to help break our ‘addiction’ to foreign oil.” There is, however, another intriguing component to Pickens’ plan that goes unmentioned in his TV commercials, media interviews and web site — water rights, which he owns more of than any other American.

Pickens hopes that his recent $100 million investment in 200,000 acres worth of groundwater rights in Roberts County, Texas, located over the Ogallala Aquifer, will earn him $1 billion. But there’s more to earning such a profit than simply acquiring the water. Rights-of-way must be purchased to install pipelines, and opposition from anti-development environmental groups must be overcome. Here’s where it gets interesting, according to information compiled by the Water Research Group, a small grassroots group focusing on local water issues in Texas.

Purchasing rights-of-way is often expensive and time-consuming — and what if landowners won’t sell? While private entities may be frustrated, governments can exercise eminent domain to compel sales. This is Pickens’ route of choice. But wait, you say, Pickens is not a government entity. How can he use eminent domain? Are you sitting down?

At Pickens’ behest, the Texas legislature changed state law to allow the two residents of an 8-acre parcel of land in Roberts County to vote to create a municipal water district, a government agency with eminent domain powers. Who were the voters? They were Pickens’ wife and the manager of Pickens’ nearby ranch. And who sits on the board of directors of this water district? They are the parcel’s three other non-resident landowners, all Pickens’ employees.

A member of a local water conservation board told Bloomberg News that, “[Pickens has] obtained the right of eminent domain like he was a big city. It’s supposed to be for the public good, not a private company.”

What’s this got to do with Pickens’ wind-power plan? Just as he needs pipelines to sell his water, he also needs transmission lines to sell his wind-generated power. Rights of way for transmission lines are also acquired through eminent domain — and, once again, the Texas legislature has come to Pickens’ aid.

Earlier this year, Texas changed its law to allow renewable energy projects (like Pickens’ wind farm) to obtain rights-of-way by piggybacking on a water district’s eminent domain power. So Pickens can now use his water district’s authority to also condemn land for his future wind farm’s transmission lines.

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8 Responses

  1. Thanks for posting that article. I knew the wind generators were rip offs; I just didn’t know the extent of the thievery.

  2. Birds of a feather, you know. Look at what his new best buddy has been doing. Algore.

  3. I’m concerned, though, because when this AGW is revealed for the load o’ poo that it is, scientists as a group are going to be heavily damaged in public perception and placed in a veracity category somewhere well below Weekly World News, used car salesmen, and Congress.

    .

  4. I hope all scientists won’t be damaged by this hoax, but the ones that signed on and promoted it should be shunned like they have the plague.

  5. dang, that’s just too funny. Ol’ Boone didn’t get to be a gozillionaire by bein’ a fool, that’s for sure.

  6. Good to see ya Nuke!

    Nope, he aint no fool. But he is sounding like another SnakeOil Salesman. The people that believe him are the fools.

  7. I don’t think it would be all that funny for somebody whose property was acquired by eminent domain so that T. Boone Pickens could be further enriched.

  8. […] T-boone At It Again So just why is it that T-boone is backing so many alternative energy plans? In a word, Money. He has made billions in oil and claims he wants to drill, drill, drill. In the mean time he says we should run the country broke developing pie in the sky wind and solar power. Now his latest ad is about natural gas. It’s not new, it was in his original plan, but now he’s using some scare tactics about Iran to persuade us. Basically, he has bought up all the right of ways for the transmission lines for his new power sources, and despite his words to the contrary, the government will pay for most of the developement. That means You and Me through our taxes. He stands to make billions more and that begs the question, Why? More background info Here, Here, and Here. […]

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