Back in January Bill Gates spoke about what he called "Creative Capitalism" at the World Economic Forum in Davos, Switzerland. This week he has written an article for Time magazine entitled "How to Fix Capitalism". It's interesting that Bill, once the richest man in the world, thinks that capitalism is broken. As he puts it:
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Earlier this week Better Place announced the "unveiling of its new brand identity and online campaign".
In an article in the New York Times Thomas Friedman, author of "The World is Flat", suggests that the combination of Shai Agassi, Israeli entrepreneur and founder of Better Place, and T. Boone Pickens and his eponymous "Pickens Plan", represents "the start of an energy revolution":
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According to an article in the Los Angeles Times by eco-sustainability consultant Anthony Rubenstein, if Proposition 10 is passed in California's November ballot California taxpayers will:
Squander at least $9.8 billion in taxpayer money on Pickens' self-serving natural gas agenda.
Mr. Rubenstein admits he is not entirely impartial in this matter, claiming that Proposition 10 is entitled "The California Renewable Energy and Clean Alternative Fuel Act." in order to mislead voters that it is similar to the "California Clean Alternative Energy Act" of 2006 which was sponsored by Mr. Rubenstein himself. However, Proposition 10 is sponsored by Clean Energy Fuels Corp., a natural gas filling station company owned by Mr. Pickens.
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In a podcast by Tammy Haddad for National Journal On Air T. Boone Pickens spoke about his "Pickens Plan" and his ideas to solve the "energy issue". It seems the state of Texas has agreed to a $4.9 billion plan to build new transmission lines into the "wind corridor" where he intends to build enormous wind farms. Mr. Pickens said that:
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Texas oil billionaire T. Boone Pickens announced yesterday that he intends to spend $58 million of his own money on a multimedia advertising campaign promoting alternative energy as a way of reducing United States imports of foreign oil by at least a third over the next ten years. The "Pickens Plan" will include a significant online presence, including Facebook and YouTube, as well as more traditional radio, television and newspaper advertisements. Here's the video from the Plan home page:
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