Kate Burkett's Page
Profile Information
- Are you interested in becoming an organizer in your area?
- Maybe--But Not Sure What to Organize
- Tell us about your experience with alternative energy:
- None. Except I am a supporter of the Sierra Club and believe we need to take action today not 10 years from now.
- What excites you about this campaign?
- New and exciting! Innovative! Courageous. Willing to take our country back and make it strong again! I want to leave my children a strong country not a worse one than it is now.
- What do you want to do to help?
- What do you need done? I can make phone calls, send emails, pass out flyers, etc.
Featured Discussion
Twitter Feed
© 2009 Created by PickensPlan
Badges | Community Guidelines | Report an Issue | Privacy | Terms of Service
Comment Wall (4 comments)
You need to be a member of PickensPlan to add comments!
Join this Ning Network
------------------------------------------------------------------------------------------------------------
27FEB09
Honorable Speaker of the House Congresswoman Pelosi,
I am an Electronic Technician Chief in the US Navy with 27 years service stationed overseas. I’m outlying an idea to assist and work with current plans for achieving energy independence. I urge you, as speaker of the house and the driving force to form the select committee on energy independence and global warming, consider for discussion and introduction into the house US Treasury Savings Bonds for Energy Independance.
In WWII America sold war bonds supporting the war effort. When young, my mother told me her primary school raised enough money through bonds to build a tank to support troops. I am impressed with the patriotism and purpose of our greatest generation that accomplished so much.
Selling energy bonds for RE (Renewable Energy) development would lower foreign oil imports and assist with the complex problem of funding. Bonds sold as “Energy S” could support new solar trough plants, “Energy W” to support wind farms, Energy “H” to support hydroelectric plants, Energy “T” to support RE transportation such as electric bullet train routes powered by RE, Energy "C" COOPS for small communities only needing a small quantity of turbines, and Energy “I” for needed infrastructure high voltage power lines to the RE site. Bonds will have the project name and include an artist’s perspective of the project and an American flag. President Obama had great success with the internet during his campaign. In a similar manner, using the internet, energy bonds could have a website listing current projects and an “electronic checkout” could purchase a bond $25 or higher. Simpler methods of payment such as “PAYPAL” and credit cards would be available and after an electronic purchase is complete a color print out of the bond is available with a follow up of the bond in the mail. The website would limit quantity of projects for each category until funding is complete. After a project becomes funded, a new project will be available. A tab on the site will show history and status of previous projects. Purchasers may take great pride in “collecting” and displaying bonds of various RE projects and participating at different levels of financial support. Solar trough plants in the multi-hundred MW size capacity with molten salt energy storage in California, Arizona, and West Texas can provide a major portion of electric needs. North Dakota has potential to support 1/3 of our nations electric needs in it’s class 4 wind zone areas. There are plenty of suitable proposed wind turbine farms now around the nation to significantly increase our RE if funded. Mid sized hydro-electric has not been used in America to it’s full potential. Following the example of our neighbor, Canada, it would provide a significant increase in percentage of electric production. Developing all three we could provide the majority of our electric and heating needs through renewable energy in a "New New Deal" fashion allowing natural gas for transportation as T. Boone Pickens is working for. Bullet train routes have proven a viable alternative to commercial domestic air service and when powered by electricity provided by RE suppliers America would be in the forefront of world technology. Example, I heard of discussion for a commuter train from Denver to Colorado Springs. Such a route built as a renewable energy project with charter requirement legally requiring to only purchase electricity from available renewable energy sources would be a model example. There are many train routes, city bus systems, and government vehicles that can be converted to run from alternative energy sources and fuels. Jobs created would bolster the economy, lower trade deficit, and strengthen national security. I would take great pride in print outs of bonds with graphics of each project I supported and many other Americans would also. The energy bonds could have tax breaks. BLM lands may be a viable place to start for some projects.
I contacted the US treasury department and was told that the marketing department for savings bonds closed several years ago. I was told there would be problems because savings bonds are at the federal level while the projects will be at the state and local level. I disagree and believe that these can easily be figured out in the way of grants to the state and local level using money from the bonds for those specific projects. I was told to check out auctions on the www.treasurydirect.gov website and found them to not apply to citizens wanting to buy savings bonds to support a cause such as energy independance. I was told by the treasury department to look into CREB (Clean Renewable Energy Bonds). I found CREB to be large scale funding that a citizen would not be able to participate in as a US Treasury Energy Independance Bond would provide. If given the tools to participate directly, the power of the citizens of the United States to help achieve energy independance could not be denied. Americans mean well and the Energy Independance Savings bond program will give citizens the power at their level to make it happen. If marketed through a web page, commercials, and to federal employees the word would get out and participation would spread like wildfire.
Mr. Paul Gipe, a resident of Bakersfield CA, an author of several books about wind energy, and recipient of multiple awards as a pioneer in the industry since the 1970's has put a letter I wrote to Senator Dorgan on this subject as well as an older letter I wrote on wind COOP in JAN07. These websites are:
http://www.wind-works.org/coopwind/RenewableEnergyBondsforEnergyIndependence.html
and
http://www.wind-works.org/articles/AmericanEnergyIndependencethroughCooperativeInvestmentinWindEnergy.html
Sincerely and very respectfully,
ETC(SW/AW) Mike Kendall USN
Mailing address: PSC 476, Box 879, FPO AP, 96322 USA
Telephone (803) 265-4756, Email: michael.kendall@ymail.com
In response to your request to remain posted as to any investment in the Pickens Plan I am responding.
I am a registered agent with a domestic Independent Natural Gas Producer here in KY and we operate in Eastern KY, South-Central KY and Northern TN. In terms of a direct investment in the Pickens Plan, in my opinion there is no better way than to help boost domestic Natural Gas production right here in the USA. That is what we have been doing for the past 15 years and very successfully. I'm not sure how familiar you are with Natural Gas Development/Drilling, but in a nutshell we are running a 90% success rate i.e. 9/10 wells comes up producing for the past 15 years and we are growing rapidly. In our own small way we have been putting the Pickens Plan into action for the past 15 years.Natural Gas is an abundant, domestic, cheaper and cleaner resource. Typically the investment opportunities we offer are limited to "Accredited Investors" . Let me give you a definition real quick so we can see if you qualify:
1) $1Million Net Worth including home, all assets, other investments, cash etc.
OR
2) Have made $200,000/Year individually for the past 2 years and reasonably expect to do so this year
OR
3) Have made $300,000/Year jointly with your spouse for the p[ast 2 years and reasonably expect to do so this year.
The reason we are limited to such calibre investors is because Oil & Gas Investments are typically considered high-risk , however, our company has been very successful over the past 15 years and deals strictly in proven and already producing fields. In the areas we operate in, geologically speaking, there is a "blanket-type" characteristic geological natural gas producing layer underneath the ground which makes our particular investments much less risky. Generally speaking natural gas is a lot easier to find than oil. You can communicate with a natural gas fracture from 2000 ft away but you can miss an oil well by 10 feet. Our gas is also high-quality in terms of the energy content measured in BTU(British Thermal Units) and hence we and our clients enjoy a little premium over and above these record-high natural gas market prices. The IRS picks up the tab for your tax-bracket % of your investment e.g. on a $100 K Investment, after tax deductions, you actually have approx. $65 K "Out-of-Pocket" invested. Also on the income side, you can enjoy a 15%-22% deduction on the income you make back from these types of investments which is called a "Depletion Allowance". The natural gas wells in these operational areas in Eastern KY-Appalachian Basin region, typically produce for 25-30 years at very steady rates and there are geological reasons for this that I will be glad to explain if you are interested. Where do you think Natural Gas market prices will be in just 5, 10, 15, 20 years? So you have a steadily producing income-generating asset and a rising market price of that asset, what is likely to happen to your Returns On Investment with time?
Beyond just being a wise investment on both a personal and national level, this is also a great "HEDGE" against inflation, a weakening dollar and your own rising energy costs whether on a personal level e.g. home heating bill this winter OR on a business level e.g higher transportation costs associated with your industry.
Feel free to contact me if you are interested, however, let me be clear that in order for me to even make any kind of offer to you, you must be an Accredited Investor(see definition above) and it will not be for 30 days. Per SEC regulations and rules we must "develop a relationship" first which protects you and gives you plenty of time to do your due diligence on the firm I am registered with and to ensure there is no "Impulse Buy" . Beware that anyone making you an offer immediately and talking in Dollar Terms with this kind of investment without adhering to this procedure is more than likely out to scam you or at least violating Securities Law.
Look forward to speaking with you. Thanks.