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"GREEN" ENTREPRENEURS * USA - Sinking Slowly into the Sunset
80-year old billionaire T. Boone Pickens stays busy these days making money on alternative energy ideas he's putting into practice
New York,NY,USA -Seeking Alpha, by Paul Killinger -August 10, 2008: -- ... Mr. Pickens' outlook is to look at the world and say, "Why not?" His present investments include a $2 billion gamble that America's electric utilities are going to connect the wind farms he's building into our nation's electric grid. Not satisfied with that, he is also investing heavily in companies that manufacture long-haul trucks that are fueled by LNG (liquid natural gas) instead of gasoline, and signing contracts to use this new technology in existing vehicle fleets. He figures he can improve the environment while making money for himself... And Boone Pickens isn't the only entrepreneur involved in trying to improve our automotive lot. A private Canadian company named the FuelMaker Corporation manufactures a device called the Phill, which enables CNG car and truck owners to fill up AT HOME at night. If you are lucky enough to own a Civic GX or one of the gasoline-CNG dual-fueled trucks formerly made by the Big 3, you can buy a Phill and operate it on the natural gas connection to your house... They may not be the visionaries that Mr. Pickens and FuelMaker are, but it would sure beat waiting around for a government bailout...
Labels: green news
posted by Unknown @ 12:15 PM
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