Ted Turner, Founder Of CNN, Speaks Out Against Oil And Coal Industry Corruption Preventing Alternative Energy Investments

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Ted Turner, the founder of CNN, joined a panel including T. Boone Pickens, James Cameron, Michael Polsky of Invenergy, and Sam Wyly of Green Mountain Energy in the Putting Wealth to Work in the New Clean Energy Economy segment of the 2010 AREDAY Conference.

During the conference Ted Turner spoke out about government corruption from oil and coal industry hindering the ability for investors to make alternative energy investments.

Transcripts

In the United States it is not easy to make good solid alternative energy investments because we don’t have a level playing field now.

The field is still tilted toward the God damned coal and oil industries and our Federal Government won’t do anything about it and I am mad as hell and I am not going to take it anymore.

If this government won’t do it we’ll get a new government for Christ’s sake.

They don’t have a government in Iraq and were pulling out but we don’t have one here either.

Well, anyone I have got a 10 million dollar wind array investment down in New Mexico and we have a customer.

But it is very hard to find viable, decent investments in clean alternative energy with out current laws and the laws need to be changed.

We need to be discouraging the things that we don’t want, which is coal and oil, and encouraging the things that we do want, which wind and solar and perhaps nuclear.

I am not that opposed to that.

We have got to get on with the Pickens Plan and put natural gas to work to.

Its good for everything. Its good for the economy, its good for employment, its good for the atmosphere, its good for the planet and if we don’t do it we are all going to be dead.

So there are plenty of reasons to do it.

Jon Stewart from the Daily Show highlights something Boone Pickens, Ted Turner and other members of the panel have been talking about for a long time – 40 years of failed energy leadership in reducing our foreign oil dependency.

Jon points out that President Obama and every president before him going back 40 years has promised to break our dependence on foreign oil and none of them done anything to fulfill their promise.

Jon sums it up: “Fool me once, shame on you. Fool me twice, shame on me. Fool me 8 times, am I a &$%!ing idiot???” Click below to watch – what Jon has to say is both entertaining and poignant.
In order to get our politicians attention and change the way that they do business in Washington we need to send them a strong message that we are serious about kicking the foreign oil habit.What you can do to help.

On way you can do that is by putting your name on the list of Pickens Plans supporters which is currently has around 1.8 million names.

As T. Boone Pickens explain 10 million names means the ability to influence a national election and will really get the attentions of Washington Politicians.

The entire segment is available on CSPAN and offers some great insight into the road blocks that the Government has set up that prevents alternative energy resource development.

You can watch more video segments from the AREDAY Videos in the CSPAN video library:

Financing Renewable Energy

Panelists spoke about financing renewable energy innovations. Among the topics they addressed were attracting start up investments, forms of investment in clean technology, and challenges facing companies and utilities engaged in large-scal renewable energy projects. Following their remarks they answered questions from the audience.

The Future Of Solar Energy

Representatives from several solar energy groups talked about the future of solar energy. Topics included government funding and subsidies, educational outreach, and changing technologies. Rhone Resch moderated.

Categories: GENERAL INTEREST

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