Billionaire T. Boone Pickens says the U.S. should establish a federal `` wind bank '' Pickens spoke on Wednesday at the Clean-Tech Investor Summit here where he talked about his Pickens Plan for reducing imports of foreign oil . The federally funded loan program would finance large-scale wind developments . Pickens spoke Wednesday at the Clean-Tech Investor Summit in California . Pickens said he is not opposed to wind power but wants it developed on private property and with government subsidies rather than through public subsidies.
Billionaire T. Boone Pickens says the U.S. should establish a federal `` wind bank '' The federally funded loan program would finance large-scale wind developments . Pickens spoke Wednesday at the Clean-Tech Investor Summit in California . Pickens said he is not opposed to wind power but wants it developed on private property and with government subsidies rather than through public subsidies.