If the Pickens plan were really a good idea, it wouldn't need massive government subsidies to get it implemented. The truth is, the approval of the plan is just a way for Pickens, one of the largest natural gas producers and distributors in the world, to make a killing at taxpayer's expense.
People I know have said as much to Pickens, and he basically called them anti-American for their trouble.
This is a new flavor of crony-capitalism. And since Pickens can afford to buy whatever he wants (including congressmen and Senators) I'm pretty sure we're going to end up paying for it eventually. But I still think it's wrong to go down this road.
If it's so great, let Picken's pay for it. Let him subsidize the new truck equipment. Then he can make the huge profits and he won't get a single complaint from me. Don't shift the cost to taxpayers on the form of massive subsidies and mandates.
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