Add wind power to ethanol boondoggle

After 30 months, countless TV appearances, and $80 million spent on an extravagant PR campaign, T. Boone Pickens has finally admitted the obvious: The wind energy business isn't a very good one.

The Dallas-based entrepreneur, who has relentlessly promoted his "Pickens Plan" since July 4, 2008, announced earlier this month that he's abandoning the wind business to focus on natural gas.

Two years ago, natural gas prices were spiking and Mr. Pickens figured they'd stay high. He placed a $2 billion order for wind turbines with General Electric. Shortly afterward, he began selling the Pickens Plan and countless fools believed him. It reminds us of another boondoggle – ethanol.

For the umpteenth time, the future power in the world is nuclear. The French have shown the world how to re-use nuclear waste from nuclear power plants so there is almost none. A single Nuclear power plant produces huge amounts of power 24 hours per day, 7 days per week, and 365 days per year and can do so for 100 years if properly maintained. And in those 100 years the plant produces zero, count them, zero carbon emissions. The same cannot be said for solar, wind, or any other kind of power the world produces. Either they only work some of the time, or they produce such little or dirty power it's killing us.

And the future of the automobile is electric. Every car company now sees that and are investing huge amounts of R&D on them. Imagine the day when all of our power comes from nuclear plants and all cars charge at night (when drain on the power utilities is nil) for use the next day. And now some math even Obama can understand (recall his insane campaign slogan – change even you can believe in). Zero carbon emissions plus zero carbon emissions = zero.

And so where are we going with all this? Well we do not have to tell you that ethanol is a major boondoggle, just read all the articles we have referenced. So where is electric in the plans for IndyCar and NASCAR? We only hear about their ethanol affiliation. Have they no foresight? We like to follow this simple motto, and it never fails us – When in doubt, just do what's right!

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