he creator and namesake of the “Pickens Plan” for more renewable energy and less foreign oil said Tuesday he expects significant energy legislation by year’s end. He also called for pressure on Washington to produce solutions.
T. Boone Pickens — well-known for the $58 million advertising campaign for his energy plan — addressed the Southern Growth Policies Board, which Gov. Haley Barbour chairs, on the last day of the group’s conference here. The summit was sponsored by Chevron and Southern Company, which owns Mississippi Power and other utilities.
Pickens, founder and chairman of BP Capital Management and author of The New York Times best-seller “The First Billion is the Hardest,” said his ideas are attainable and there are examples of successes, particularly with natural gas, wind and solar technology. He lamented the U.S. has gone the last 40 years without developing an energy plan, but said it’s imperative to develop one now.