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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Hi William,

Forgive me for being in the dark. What are the technologies your organization patents?

Curious to know more. I agree we need to look broader than constrcution of kinetic energy harvesting.

Richard

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Dear Solar Advocate,
Several associates of our organization and myself have recently attended Governor Crists Florida Summit on Global Climate Change and learned about a very effective renewable energy policy that we believe can make Florida a leader in clean renewable energy. In Europe this policy is called feed-in tariffs (FITs) and it has proven to be the world’s most effective renewable energy legislation. Here in North America it is being called Renewable Energy Payments (REPs).

REPs are incentives for individuals and businesses to become producers of renewable energy. They direct utility companies to provide access to the grid for anyone or any group producing renewable energy (RE), and to buy all the RE available at established prices per kilowatt hour for a set period of time, usually 15 to 20 years. The prices vary according to the type of technology, the size of the system, and its location. The increased costs to the utilities is paid for by adjustments to all their customers’ electricity bills. In Germany, this has meant an increase of around three dollars a month for average home owners—about the cost of a loaf of bread. A board is established that meets periodically to review the policy and adjust the rates for new contracts.

Adopting a REPs policy in Florida will encourage our energy entrepreneurship, expand our green energy marketplace, create jobs, and stimulate our economy—all this while significantly reducing pollution and greenhouse gas emissions. We urge you to develop and pass legislation like this in our state. You can learn more by visiting www.AllianceForRenewableEnergy.org.

Please let me know what action you will take to bring REPs to Florida and make us a leader in the renewable energy revolution.

PLEASE SEE ATTACHMENTS
Sincerely,
Roy Ratner
Atlas Solar Innovations
www.atlas-solar.com

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Hi Roy,

Great information.

Thank You,

Richard

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Private equity firms and others such as Mr Pickens have the capital to invest if the returns are attractive. Is there a regulatory change needed that will create an environment for attractive returns?The Balance sheet assets will become a function of that regulatory environment. Details like lease versus purchase decisions can be made for each generating location and tax policy. State regulations and tax policy will vary throughout the wind corridor. Pushing for a consistent tax and regulatory policy throughout wind corridor will make investment returns more predictable and stable. Reliable returns on investment always attracts more capital.
Has anyone considered packaging the wind energy farms with a company that manages natural gas powered fleet vehicles? Since the Pickens plan requires two parts for success; wind energy and natural gas powered cars; a company that consists of location management, power generation, and natural gas vehicle fleet management could be developed to meet both objectives. The fleet management division could be launched tomorrow with power generation ramping up and adding revenues as contracts are signed and power is delivered into the grid.
To get this business running we need 1) an operating environment where power generation and delivery contracts are favorable for growing revenues, 2) regulatory change to stimulate investment in capital assets for wind generation and natural gas automobile conversions across several states and governing bodies, 3) environmental policy change to support wind tower construction without lengthy reviews.
A stock offering, limited partnership, or other public securitization of the plans can be entertained if we line up those wins and execute on delivering the promise of the Pickens plan. We've got the brains, the capital, and the desire. We just need to push six or eight state goverments and one dysfunctional U.S. Congress into action.

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There is no doubt that there are enough private individuals with the wherewithall to raise $200B. However, it seems to me that you are asking them to shift wealth out of proven profit producing organizations to something that won't payback for quite some time. I think that creating an alternative that provides as many as will participate (regardless of economic ability) a tool to self-generate opportunities.

You may be aware of the Small Business Innovative Research programs that assist federal agencies in developing technologies that the government can employ. I propose that we utilize the investment club strategy and organizational structure to accomplish phase one of your proposition.

Looking forward to your reply.

ML "Mickey" Hayes
Pickens Plan Ambassador

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What does PINNACLE ENERGY have to do with this part of the phases?

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