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About: Pickens Plan     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatPoliticalPlansInTheUnitedStates, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:Abstraction100002137yago:Cognition100023271yago:Content105809192yago:Idea105833840yago:Plan105898568yago:PsychologicalFeature100023100aircraftyago:WikicatPoliticalPlansInTheUnitedStates New Facet based on Instances of this Class

The Pickens Plan is an energy policy proposal announced July 8, 2008, by American businessman T. Boone Pickens. Pickens wanted to reduce American dependence on imported oil by investing approximately $US1 trillion in new wind turbine farms for power generation, which he believed would allow the natural gas used for power generation to be shifted to fuel trucks and other heavy vehicles with Compressed natural gas. Pickens stated that his plan could reduce by $300 billion (43%) the amount the country spends annually on foreign oil.