Oil Baron turns to Wind Power

With oil prices high you can expect more and more big moves on alternative energy. Here's a $2 billion announcement by T. Boone Pickens:

Maverick oilman T. Boone Pickens has placed a $2 billion bet on wind power in just the first of a four-phase project to build the world's largest wind farm in Texas. ...

Pickens' Mesa Power said the Pampa Wind Project in the Texas Panhandle will eventually cover 400,000 acres and generate enough power for more than 1.3 million homes.

Here's an account on Bloomberg from which you can watch an hour interview with T. Boone Pickens where halfway through the interview he talks about his plans to spend "big money" to put in a huge wind farm.