There seems to be renewed interest in the potpourri of alternative energy sources by some of America’s billionaires. First T. Boone Pickens announced he is going with wind and natural gas. Now Warren Buffet and Google invest heavily in geothermal.
California leads the way in geothermal with 75 plants in a corridor called “The Geysers.”
Nevada is second for geothermal power with “45 new plants underway.” A good article in the LA Times on what we have already and where we’re heading with this new alternative energy source: http://www.latimes.com/news/science/la-fi-geothermal3-2008nov03,0,7002141.story?track=rss
The article noted that at 4 to 7 cents per kilowatt, geothermal is competitive with wind and a whole lot cheaper than solar. Geothermal plants take up far less space, and geothermal is a constant.
It looks like the government is interested in geothermal also. And the ariticle went on to say, “In October, the Bureau of Land Management said it planned to open more than 190 million acres of federal land in California and 11 other Western states for new geothermal development.” President Bush’s ranch in Crawford runs on geothermal, and oddity considering his predisposition toward oil. But in any case, it demonstrates that he recognizes the value of alternatives for our future.
http://www.huffingtonpost.com/2008/11/03/buffett-google-invest-in_n_140614.html
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