MAY 22

Maybe he should have hired the Swiftboaters to do his dirty work in lobbying Congress. But then again he couldn't screw up the economy much more than he already did with them.

Don't blame him a bit... it's his money, and he can spend/invest it anyway he sees fit. That being said, it would have been incredible to see a few thousand wind generators over Texas.

T. Boone isn't making money because he picked the wrong aspects to invest in.

Natural gas is not a renewable resource in the traditional sense, however is is much 'cleaner' than coal and oil, in terms of emissions. If the US is going to be pushing natural gas as a cheap alternative to oil, fracking technologies are going to be at the heart of the supply. Simple supply and demand are pushing natural gas prices to new lows.

On the other hand the US clean vehicle rebates extend to Natural Gas vehicles, and the auto industry at least has already taken the tip:

https://www.theglobeandmail.com/globe-investor/natural-gas-slump-hammers-producers/article2398573/

(From TFA) "The vehicles include a compressed natural gas (CNG) capable Vortec 6.0L V8 engine that seamlessly transitions between CNG and gasoline fuel systems. Combined, the trucks offer a range of more than 650 miles."

So, despite fracking being a highly controversial technology, it looks like Natural Gas is poised to be the next step in the US' energy future. On the bright side, Germany is testing a pilot project to turn food scraps into methane, which might further increase the supply of the fuel (read: lower prices) without additional drilling.

Due to the cost and availability of natural gas, LNG itself will likely see depressed prices in the future, and NG producers will not likely be the most profitable. The companies servicing the industry, however, should see a steady growth in the coming years (eg: fracking sands and equipment suppliers, pipelines, distribution stations, CNG autos, and NG based appliances).

T. Boone likely invested more into the production side, which is not going to be profitable in the short term. Investing in producers of NG products is the way to go.

Linkfest:
http://physics.ucsd.edu/do-the-math/2012/02/the-alternative-energy-matrix/
http://boingboing.net/2012/03/09/fracking-earthquakes.html
https://www.networkworld.com/community/blog/us-wants-natural-gas-major-auto-fuel-option
http://www.ecogeek.org/automobiles/3713-president-obamas-new-budget-includes-10000-ev-reba
http://www.ecogeek.org/biofuels/3708-germany-is-powering-cars-on-food-scraps
http://www.api.org/policy-and-issues/policy-items/exploration/facts_about_shale_gas.aspx

He obviously knows that the future of renewable energy is not wind power.

This sad chapter in renewable energy should be an eye-opener. Government got in his way and continues to get in the way of renewable energy projects, whether it be wind turbines off Martha's Vineyard or solar farms in the California desert, tidal turbines anywhere or the transmission lines these projects would need.
As to the Swiftboat debacle, those charges were true- sorry pal, but Kerry DID make a mockery of his service in Vietnam.

He knows what's coming down the track. Free energy systems are imminent; he and his kind can't make money out of that. Good bye and farewell, Mr. Pickens.

He thought we were all as dumb as his buddy George W. Bush. Nothing in his plans was driven primarily by a desire to improve the economy. He is, was and always will be doing it for the money, and when he couldn't buy legislators at the leverages he wanted, he pulled out.

Good riddance. If we could get rid of all the bribers, not just T Boone, we'd be able to move forward with wind and solar. Fossil fuels are a trap. Watch your toes!

I think this says a lot more about the inappropriate priorities of the government than about this man. If we want large-scale green projects, we can't just wait for billionaires to come and fund them. We need to beg our governments to make green projects a priority. They don't necessarily have to fund them themselves, but they have to create an economic climate than gives green projects a chance. Just one of the ways to achieve this is to tax dirtier energy sources more so that the cleaner ones stand a chance of being profitable.

http://www.youtube.com/watch?v=9Aowy0P_r3w it's not hard guys/gals. Science just became too smart for themselves.
There are trucks that use CNG here in the city. Not a big fan of that. Trucks shift, twist and shake. opening the door for easy fitting leaks or loosening supports. a chance of rupture during an accident. Along with a REALLY long time to refuel. I am not a fan of using natural gas for transportation