hedgefunds

ICI Offers Alternative to Pickens Plan

Filed in archive Dealtalk on October 16, 2008

ICI Offers Alternative to Pickens Plan
A national program known as the Intelligent Community Initiative (ICI) is offering an alternative restructuring Operation using interconnected client-server databases and online training, resulting, the company says, in self-sustaining financial communities which are not as vulnerable to global financial collapse.

In September ICI announced an alternative to the Pickens Plan called Operation Energy Transition (OET). According to ICI analysis, the plan that oil billionaire T. Boone Pickens released in July 2008 intensifies the problems of the Peak Oil crisis by transferring dependence on oil to operate automobiles to dependence on natural gas to do the same.

The alternative answer proposed by Intelligent Communities, Operation Energy Transition, calls for a ramped-up increase in telecommuting, innovations such as carpooling software and a new mode of transport it refers to as intellitaxis, and an enhanced focus on more commonly known ideas such as alternative vehicles and increasing solar and wind technology and availability. While the Pickens Plan can be described in just 2 or 3 sentences, adequately describing OET takes a wall map, which is conveniently located on the OET site.

"If we're going to solve the problem, let's solve it", Krusch said. "Rolling out a plan which is destined to put America yet again behind the eight ball is not the plan we need: Operation Energy Transition is."



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Tags: hedge+fund+environment  hedge  fund  2008  alternative  hedge+fund  hedge+funds  pickens+plan 

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