12 May '11, 2pm

Oil Money Needed for Geothermal Projects | Alternative Energy Stocks

America's leadership in geothermal the industry remains in the “and” category. As in, “solar, wind, tidal, biofuels AND geothermal.” It's an afterthought. (Picture from Evergreen State University .) Why are geothermal companies having to organize politically to gain crumbs from the capital table? The answer is pretty obvious, but no one seems willing to state it plainly. The oil industry is holding back. A recent Time Magazine article on renewables and oil investment makes it pretty plain . Total's bought into solar, Shell and BP into biofuels. Chile's state oil-and-gas company sold-out its geothermal interests to a specialty firm . One of the bigger geothermal players , Raser Technologies (RZTIQ.OB) , has just gone into bankruptcy . What's holding up geothermal energy is an issue the oil business knows a lot about – drilling risks . As Brian Harenza of of Hannon Armstrong...

Full article: http://www.altenergystocks.com/archives/2011/05/oil_money...

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地熱大国、米国の地熱発電はカリフォルニア州とネバダ州が有望の様ですね。日本も資源量は世界第3位。 Geothermal Assesses Its Potential

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