Pickens wants more emphasis on alternative energy - KSWO 7News | Breaking News, Weather and Sports

Pickens wants more emphasis on alternative energy

Houston_Texas oilman and Oklahoma native T. Boone Pickens says he'll fund a multimedia advertising campaign to focus the nation's attention on its dependence on foreign oil. Pickens calls it the single biggest crisis facing the country today.

The former Wildcatter, who now heads the Dallas-based hedge fund BP Capital Management LP, outlined his concerns and potential solutions at a news conference in New York.  Pickens wants to bring energy to the forefront of the presidential campaign.

His plan calls for private investment in power generation from renewable energy resources such as wind and using the nation's abundant supplies of natural gas.  Last year, Pickens announced plans to build the world's largest wind farm in Texas. The cost of the project could grow to $12 billion before its scheduled completion in 2014.

Copyright 2008 by the Associated Press. All rights reserved.

  • Local NewsNewsMore>>

  • The Latest: Close call in men's Olympic curling final

    The Latest: Close call in men's Olympic curling final

    Friday, February 23 2018 8:14 PM EST2018-02-24 01:14:57 GMT
    Saturday, February 24 2018 3:05 AM EST2018-02-24 08:05:43 GMT
    (AP Photo/Michael Sohn). Driver Nadezhda Sergeeva and Anastasia Kocherzhova of the Olympic Athletes of Russia take a curve in their third heat during the women's two-man bobsled final at the 2018 Winter Olympics in Pyeongchang, South Korea, Wednesday, ...(AP Photo/Michael Sohn). Driver Nadezhda Sergeeva and Anastasia Kocherzhova of the Olympic Athletes of Russia take a curve in their third heat during the women's two-man bobsled final at the 2018 Winter Olympics in Pyeongchang, South Korea, Wednesday, ...

    The International Bobsled and Skeleton Federation says it isn't commenting yet on an alleged anti-doping rule violation by Russian women's bobsledder Nadezhda Sergeeva.

    The International Bobsled and Skeleton Federation says it isn't commenting yet on an alleged anti-doping rule violation by Russian women's bobsledder Nadezhda Sergeeva.

  • The Latest: Official: 18 soldiers killed in west Afghanistan

    The Latest: Official: 18 soldiers killed in west Afghanistan

    Saturday, February 24 2018 1:15 AM EST2018-02-24 06:15:26 GMT
    Saturday, February 24 2018 2:37 AM EST2018-02-24 07:37:05 GMT
    (AP Photo/Massoud Hossaini). Security forces inspect the site of a suicide bombing in the diplomatic area of capital Kabul, Afghanistan, Saturday, Feb. 24, 2018.  Interior ministry spokesman Najib Danish said several people were wounded in Saturday's a...(AP Photo/Massoud Hossaini). Security forces inspect the site of a suicide bombing in the diplomatic area of capital Kabul, Afghanistan, Saturday, Feb. 24, 2018. Interior ministry spokesman Najib Danish said several people were wounded in Saturday's a...

    Afghan official says at least three security personnel have been killed in separate suicide bombing attacks in southern Helmand province.

    Afghan official says at least three security personnel have been killed in separate suicide bombing attacks in southern Helmand province.

  • Emoluments suit vs. Trump now personal as well as official

    Emoluments suit vs. Trump now personal as well as official

    Saturday, February 24 2018 12:45 AM EST2018-02-24 05:45:34 GMT
    Saturday, February 24 2018 1:55 AM EST2018-02-24 06:55:50 GMT
    (AP Photo/Evan Vucci). In this Feb. 20, 2018, photo, President Donald Trump speaks in the East Room of the White House in Washington. Attorneys general of Maryland and the District of Columbia on Feb. 23, expanded their lawsuit accusing Trump of accept...(AP Photo/Evan Vucci). In this Feb. 20, 2018, photo, President Donald Trump speaks in the East Room of the White House in Washington. Attorneys general of Maryland and the District of Columbia on Feb. 23, expanded their lawsuit accusing Trump of accept...

    AGs of Maryland, DC expand emoluments lawsuit against Trump, suing him not only as president but in his personal capacity as a businessman.

    AGs of Maryland, DC expand emoluments lawsuit against Trump, suing him not only as president but in his personal capacity as a businessman.

Powered by Frankly