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JOBS and the Pickens Plan!

Here is a very important story from the New York Times on how the Pickens Plan will have a DIRECT IMPACT on jobs in America!

By PETER S. GOODMAN
Published: November 1, 2008

NEWTON, Iowa

LIKE his uncle, his grandfather and many of their neighbors, Arie Versendaal spent decades working at the Maytag factory here, turning coils of steel into washing machines.

When the plant closed last year, taking 1,800 jobs out of this town of 16,000 people, it seemed a familiar story of American industrial decline: another company town brought to its knees by the vagaries of global trade.

Except that Mr. Versendaal has a new factory job, at a plant here that makes blades for turbines that turn wind into electricity. Across the road, in the old Maytag factory, another company is building concrete towers to support the massive turbines. Together, the two plants are expected to employ nearly 700 people by early next year.

“Getting [that many] jobs in one swoop is like winning the lottery,” says Newton’s mayor, Chaz Allen. “We don’t have to just roll over and die.”

The market is potentially enormous. In a report last year, the Energy Department concluded that the United States could make wind energy the source of one-fifth of its electricity by 2030, up from about 2 percent today. That would require nearly $500 billion in new construction and add more than three million jobs, the report said. Much of the growth would be around the Great Lakes, the hardest-hit region in a country that has lost four million manufacturing jobs over the last decade.

The unfolding financial crisis seems likely to slow the pace of development, making investment harder to secure. But renewable energy has already gathered what analysts say is unstoppable momentum. In Texas, the oil baron T. Boone Pickens is developing what would be the largest wind farm in the world. Most states now require that a significant percentage of electricity be generated from wind, solar and biofuels effectively giving the market a government mandate.

So it goes in Iowa. Perched on the edge of the Great Plains - the so-called Saudi Arabia of wind - the state has rapidly become a leading manufacturing center for wind power equipment.

“We are blessed with certainly some of the best wind in the world,” says Chet Culver, Iowa’s governor.

To read the entire article in the New York Times click HERE.
– The Pickens Team

CommentsOne Response to “JOBS and the Pickens Plan!”

Howard Buckalew


Durring our summer vacation of over 10,000 miles from East Texas over to New Mexico, and up to Glacier, and over to Olympia, down to Cresent City, via Crater Lake, and then over to Reno, then to Utah, and back to Texas my wife and I saw no less than 60 trucks with the wind turbine blades. What gets me though, Chevrolet is building the Volt, with a gas engine. They are not building it with the CNG option. The point being that some folks in the US are getting on the right tract, and some seems to be stuck in that past, as they try to figure out the future.

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