Iowa Public Television

 

T. Boone Pickens says he lost $200 million in wind energy

posted on January 24, 2014

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Wealthy oil and gas magnate T. Boone Pickens, who promotes his Pickens Plan for energy policy, says he lost $200 million investing in wind energy. He says the wind production tax credit can help make wind energy viable for some people, but his investments weren't able to compete with the huge drop in natural gas prices.

Tags: energy government Iowa news politics T. Boone Pickens wind wind energy