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DrumBeat: January 25, 2009 - NewsTrust Yahoo Pipes Feed When I first wrote about the Pickens Plan, as it is now known, he was putting his money where his mouth was, declaring that he was going to build a giant 2,700-turbine wind farm in West Texas costing upward of $10 billion. Nope, not anymore. The nation's credit crunch has gutted the wind project's financing, putting the whole project on hold. He's also delayed work on a state permit to build 170 miles of transmission lines from West Texas that would carry enough wind energy to power 300,000 homes. "For now," Boone told one reporter, "the wind stuff is deader than hell." In fact, the whole Pickens Plan seems to be going, well, nowhere. In November, California voters resoundingly defeated a ballot measure he supported to put $5 billion in bond ... NewsRackTexas oil country sees downturn comingThe Globe and Mail Sustainability in `09 Reflects Robust `08 Sustainable real estate projects that were set in motion last year or even two years ago are completing in bunches, a trend that is likely to accelerate as the year progresses despite trouble on other fronts.The projects include prominent office towers... CoStar GroupAldar eyes middle income buyers Aldar Properties has announced plans to develop projects catering to middle income earners, according to news reports. Its Al Raha Beach and Yas Island projects will market units for middle income groups. Aldar's pledge will see the launch of Al Falah, a development dedicated to the middle-income segment, cited a report by The National. ameinfo.com |
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