in News Departments > FYI
print the content item

Ted Turner and T. Boone Pickens called for quick action by Congress and the American people on energy and climate change during a debate on those topics at a National Press Club luncheon.

Pickens, who chairs the hedge fund BP Capital Management, was once skeptical about climate change but said he now believes it to be a real threat. He has major concerns with "what is going into the atmosphere," he told a packed ballroom.

Turner, founder and former head of CNN, agreed with Pickens that natural gas is part of the solution to the U.S.' energy problem, which has been dramatized lately by rising gasoline prices. But Turner sees natural gas as only a "bridge fuel."

"In 20 years, there will be no fossil fuel," said Turner, who asserted that cars will run on electricity in 20 years. "We need renewable energy for a world without pollution, so kids won't get asthma."

Pickens strongly criticized U.S. dependence on imported oil, which is now $100 per barrel. A strong advocate of wind farms and solar energy, Pickens lamented Congress' failure to advance those issues.

"But when oil reaches $400 a barrel, we'll get action," he said. "All candidates say if they are elected they will stop our dependence on foreign oil – but, after their election, do nothing."

SOURCE: National Press Club

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Canadian Wind Industry Urges For More Federal Support

The Canadian Wind Energy Association says the country's federal government, once a big industry supporter, should again back wind power.


Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.

Renewable NRG_id1934
BG 2015DblBox_id2032
Hybrid Energy Innovations 2015
Canwea_id1984