Hello all. I recently heard several critiques of the Pickens Plan that seemed sound to me. So I would like to hear from you a rebuttal to these points. (I am asking this as someone who is very enthusiastic about the Pickens Plan, but always interested in the "other side" of the argument as well.) These rebuttals come from the testimony which followed that of Mr. Pickens' before the Senate.
(1) Assuming that we generate the equivalent of ~22% of our current electrical demand from Wind, there is no mechanism by which we can dictate that the "freed up" natural gas moves to the transportation sector. For example, the Wind power could displace Coal instead - it really depends on the underlying economics.
(2) The United States only has about 3% of the world's proven and unproven reserves of natural gas. The nations that have most of it? It's the very same nations that currently have most of the world's oil. So is a dependence on natural gas actually any better, from the geo-political / security standpoint?
Thanks and I look forward to your replies.