PickensPlan

The first stage of this finance discussion will involve organizational structure, trustee selection, and fund investment type. The fund will be not for profit, directly invest in wind farm land leases, directly invest in corporations who will be contracted under the Pickens Plan, and generate a minimum of $200 Billion dollars in private sector capital while matching 100% of every investor dollar.

This fund is not for profit.

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Bob: Exactly what I've been preaching...forget about re-building the grid. They need it, let them rebuild it and pay for it.

Like Globally, but act locally. Conserve, add solar DHW, then add a smaller, properly sized, expandable with need, solar electric system.

Finance using renewable, conservaton and solar bonds...25-30 years...5,000 homes,
3% interest, 125,000,000 = about $500,000. per mo. payment divide by 5,000 homes
gives us $25,000 to invest in each home and a payment of about $105. per mo.
No rebates, tax credits, utility oversite, governmental interference. Mass nationalized,
grass-roots efforts, house by house, city by city. Penetration of just 15-20 percent
would be major influence to foreign oil...Best Al B.
Hi Bob,
I am going into the energy conservation consultancy to provide the documentation energy savings. I have structured my pending new business as a for profit LLC under the name of Renewable Ener-G Solutions Technology (REST). Once I get this business financed and running, I want to start up this NFP you speak of and want to brainstorm on a NFP company? Setting up an alternate means of communication in real-time is not a problem for a group of interest. So if you did set up a conference group please advise. Get back to me asap, please. Thanks--Macia
We should talk. Email me at Bob.Babcock.Now@gmail.com
Bob, Heat pumps are not what we need in S. Florida. Cold pumps, yes. However the first thing that is needed is to get our politicians to repeal all those laws that are preventing any of us from saving energy. I have a flat roof house. GE and DuPont make a spray on closed cell polyurethane foam roofing material with a 30 year warrantee. It can be used on commercial buildings in Broward, but not on homes. Why not? Roofers got together and lobbied so this technology can't be used on homes. Why? Because they would loose all that income in repairing the roofs they installed. This material would be sprayed on top of my existing roof with no tear off (and no environmental impact from the waste) and add at least an R 19 to my roof. I would also like to replace my old 4 ton, 13 seer AC package unit with a 19 or 20 seer two piece, but the engineering costs to prove that a 4 ton 19 seer unit is sufficient to cool my home negates any savings I would see in my lifetime. Most building and zoning departments don't protect the consumer, all they are interested in is collecting permit applications and saying no.
I have a small amount of savings I could invest, and am willing to provide any expertise that I can. I work as an engineer (mostly in the computer field) for 28 years, until my job was off-shored. Now, at my age, it is not easy to get any employment, unless I want to greet people at Walmart.
Heat pumps/cold pumps - same thing. One is taking the cool temps below the earth's surface and using that to cool during the summer.

In winter time, it's easier to warm up from the constant earth temperature than a colder outside temperature.

To get more information on ground source heat pumps, see: www.geoexchange.org
Is it feasible to retrofit a Trane Heat Pump with the ground source? The Trane was installed 2 years ago.
I don't know, but I think it's unlikely because it's currently set to cool at high temps. Lower temps would probably have the coils freezing.
What I DO know is that the energy savings pay for the installation in a reasonable period of time. Depending upon a number of factors, you might be able to finance it with an Energy Efficient Mortgage.
Aside from that, I can arrange for people to use retirement accounts for financing.
Perhaps it would be good to have a phone conversation.
Call me at 630-417-0042,
why do you not wish to make a profit to declare when you are seeking investment money...the goal is to create welath (profit) from alternative energy so folks can spend less of the wealth (money) on foreign energy....

Bill
The goal is not to "not make a profit" here. It is that there are federal income tax savings from investing in bonds issued by non-profit entities (like municipalities), therefore the bond offerer can attach a lower interest rate to the bond. This allows the investor to obtain the same effective income from the investment and a lower interest cost to the end borrower who is using the money to make homes and businesses more energy efficient.

This provides a huge incentive. For example, if you were to borrow $200,000 at 6.5% to refinance your home, your payment would be the same to borrow about $235,000 at 5% and the extra amount financed could allow you to install the ground source heat pumps plus entirely tighten up the building envelope. They probably wouldn't have to spend all of the difference in the loan amount, but could save up to 60% or more on the energy used by the building.

It's not about profit, it's about incentive. Of course, there needs to be sufficient funds in the transaction to support the costs.
I Poseted almost the same thing on friday:O) We have thousands of midium to large machine shops across the country that are idle because of NAFTA. The goal of 200 billion in 24 months is atainable. What will the share price be in the opening?
Greetings Phil

We are not even close to share price calculations. Working the business plan now. We have two great locations and as I understand things, they above average for kenetic energy harvesting using wind technologies. So I'm excited by what we are looking at.
I believe that the fund's mandate should be broader than just acquiring land and installing WinDinosaurs on it. If we really want this Plan to have maximum impact, we should also invest in making the resulting electricity production facilities as effective and productive as possible.
The Fund should be allowed to invest in research and development of next-generation wind energy conversion technologies. Many are out there. Naturally I have a predisposition toward my patented technology, but it could be that there are better ones out there.
After 30 years of inventing, designing and attempting to get funding to research and develop this technology, I know that there are a lot of people out there with ideas that could greatly benefit humanity, but unfortunately, whether great ideas end up benefitting the world depends not on how good they are, but on whether the person who has them has the money, influence, business acumen and energy to get it into production.
This Fund could help find and finance new technologies that could multiply the energy produced by these wind farms, and in the case of my technology, bring wind power generation into the cities and suburbs, where the electricity is used, freeing up the remote wind farms to power water electrolysis plants to make hydrogen and oxygen, compress them, and pipe or truck them to already-existing conventional power plants to power them in place of, or in addition to, gas, coal and oil, makring them less- or non-polluting. That way you eliminate the transmission losses in transmitting electricity hundreds of miles to the points-of-use. Hydrogen also makes a good fuel for vehicles, as does natural gas, and existing vehicles can be converted to run on it.

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