$350M Stimulus Boost Could Begin New Era for U.S. Geothermal Energy
The Obama Administration gave geothermal energy generation in the U.S. a huge shot in the arm Wednesday with the announcement of $350 million in stimulus funds to scale the barriers of tapping the Earth’s heat as a steady renewable power source.
The geothermal energy industry, which gets far less attention than wind and solar, rejoiced, especially since just a few years ago it seemed federal funding would disappear.
Source: Reuters
