Billionaire T. Boone Pickens presents his plan to reduce America's dependence on foreign oil at Georgetown University.
The plan is centered on generating electricity with wind while diverting natural gas from power generation to transportation fuel.
Bio
John J. DeGioia
Since graduating from Georgetown University in 1979, John J. DeGioia has served both as a senior administrator and as a faculty member at the school. On July 1, 2001, he became Georgetown's 48th president.
Dr. DeGioia is a professorial lecturer in the Department of Philosophy. He earned a bachelor's degree in English from Georgetown University in 1979 and his PhD in Philosophy from the University in 1995. He has most recently taught "Ethics and Global Development," "Human Rights: A Culture in Crisis," and a seminar on "Ways of Knowing."
Prior to his appointment as president, Dr. DeGioia held a variety of senior administrative positions at Georgetown, including senior vice president, responsible for university-wide operations, and dean of student affairs. In 2004, he was presented with a Lifetime Achievement Award for Excellence in Academia from the Sons of Italy.
T. Boone Pickens
Mr. Boone Pickens is the founder of BP Capital.
Pickens is active in the management of both the BP Capital Equity Fund and the BP Capital Commodity Fund. Specifically, Pickens is principally responsible for the formulation of the energy futures investment strategy of the BP Capital Commodity Fund and the BP Capital Equity Fund.
Pickens frequently utilizes his wealth of experience in the oil and gas industry in the evaluation of potential equity investments and energy sector themes. He also participates in the marketing of the BP Capital Equity Fund to certain groups of potential investors. Pickens was the founder of Mesa Petroleum in its various forms beginning in 1956. Pickens' career at Mesa spanned four decades.
Under his leadership, Mesa grew to become one of the largest and most well-known independent exploration and production companies in the U.S.
T. Boone Pickens disagrees with Al Gore's support of electric, carbon-free automobiles.
Pickens argues that batteries will never be able to power an 18-wheeler and that Americans should transition to a carbon-free technology by switching to a cleaner natural gas.
Colourless, highly flammable gaseous hydrocarbon consisting primarily of methane and ethane. It may also contain heavier hydrocarbons, carbon dioxide, hydrogen, hydrogen sulfide, nitrogen, helium, and argon. It commonly occurs in association with crude oil (seepetroleum). Natural gas is extracted from wells drilled into the Earth. Some natural gas can be used as it comes from the well, without any refining, but most requires processing. It is transported either in its natural gaseous state by pipeline or, after liquefaction by cooling, by tankers. Liquefied natural gas occupies only about 1/600 of the volume of the gas. It has grown steadily as a source of energy since the 1930s.
I am an engineer and inventor, and I have actually developed an exhaust system for cars and trucks that improves combustion dramatically and naturally. It has the potential to reduce our fuel consumption by 10%20% and even more all by itself, and talk about emissions reductions, it is proportionate to the percentages of the reduced fuel consumption. IF it were possible to get this in front of someone like Mr.Pickens, or another energy advocate, Al Gore. It might be possible to work on implementation, but the problem I am having is being heard. 2012 mandates, no problem accomplishing it, but it is impossible because of the same system that mandates it. I sent the lab reports to one of the big three that is now on its knees begging for bailout money, showing a 23% improvement on fuel economy, and huge reductions in all four tailpipe emissions, and they didnt even have the courtesy of even checking it out, it was a flat out "we are not interested" I kept a copy of the letter to show when the time is right. If an exlusive was granted to these folks, and the system implemented into production with them leading the way to where the auto engineers say "it cant be done that fast" Bull----.I have done it, I challenge Mr. Pickens to a meeting, and allow me fifteen minutes to show him the future, or at least a part of it. not one single product will fix this, but a combined effort will. How many other technologies are out there in the hands of a small timer like me that will do what mine has done, and more, heaven forbid someone would allow anyone else contribute. Mr Pickens, give me a shot.
Electricity in the USA is largely produced by burning fossil fuels (66.9%)and by nuclear reactors (19.2%). If we want to switch to electric vehicles which do not get electricity from burning fossil fuels we will need to greatly increase the use of nuclear reactors.
what pickens said on the daily show in Nov. 2008, was that we should have natural gas trucks, as a bridge till we can find another source, primarily to get us off of foreign oil. sounds good, it's going to need commitment from gov. and others.
don't forget, this pickens guy is the main funding source of the swift boat attack adds against Kerry in 2004. so his objectivity is in question to me.
@kgrr
I wish it were the case that we could replace the trucking fleet with electric trucks, but that is not possible, suggesting it is a credible alternative at this point in time is entirely wrong, at best, dishonest at worst.
For a start the top speed of those trucks does not exceed 30 mph to my knowledge, and the range is nowhere near what can be achieved for diesel. And we are not even touching the recharge time needed, it is just not tenable. This is a CORE problem for the absolute get off oil/fossil fuel purists. You CANNOT go cold turkey from fossil fuels in terms of transportation precisely because of the need to keep our trucking fleet operational. Stopping trucks is not an option, that would cripple the economy even further than it already is. Virtually EVERYTHING we have in terms of physical goods goes by trucks at some point, we need them.
So kgrr, you are free to disagree with the point, and so you are also free to be wrong. Like Gore on this issue.
Mr. Pickens, I kindly have to disagree with you and have to side with Al Gore on this one. Very heavy hybrid-electric and all electric vehicles do exist. Please check out the General Electric Hybrid Locomotive and the Heavy Duty Electric Trucks that are being used at the Port of Los Angeles. YouTube has videos of both.