T. Boone Pickens has emerged as a champion of wind-power, instead of Swift-boating. But has the billionaire other motives?
ZapRoot seems to think so. Check out the video ZapRoot 048. Welcome to Water Wars.
The Chicago Tribune opines that there's money in water:
"Corporate raider and oilman T. Boone Pickens has been buying up water rights in the Texas Panhandle in the belief that water is going to become scarce and salable. This follows the logic that climate change, shrinking lakes and rivers and population growth will make increasing portions of the world susceptible to water shortages."
Some Texans are getting worried, though:
"We have real concerns about private control of water," said Ken Kramer, director of the Texas Sierra Club. "Water is a resource, yet in some respects it is a commodity. It's as essential to human life as air. That puts water in a different class."
John Spearman Jr., a Roberts County rancher and chairman of the Panhandle Groundwater Conservation District, is one of many local critics who contend that Pickens' water play could upset conservation efforts and seeks to profit from shortages of a vital resource.
"He has the legal authority to do it," Spearman says. "We can't stop him."
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