With mounting national interest in renewable energy, oil companies are starting to think in renewable terms. President Obama’s $800 billion economic stimulus, which contains incentives for renewable projects, has helped push the swing.

The most visible example of the shift has been T. Boone Pickens, the iconic Texas oil tycoon who has been promoting his plan to turn the country toward alternatives such as natural gas, wind and solar energies.
Texas Oilmen George Alcorn with Universal Geopower is an example of this shift to renewable energy with his company using abandoned wells and drilling technology to generate geothermal energy as a way to power cities.