News
Apr 28, 2009Scientific American: “Beyond Fossil Fuels: Daniel Kunz on Geothermal Energy”
An article from the Scientific American featuring Daniel Kunz the president and CEO of U.S. Geothermal, Inc. Kunz discusses the challenges faced by the geothermal energy industry.
Currently the biggest obstacle to geothermal development is the lack of sufficient direct economic incentives for the drilling of geothermal resources. There are no significant technical obstacles that are curtailing current growth and development. Like the oil and gas industry, the geothermal industry would benefit from a strong, specific and appropriate tax incentive tied directly to expenditures made for production and injection well drilling.
To read the full article: “Click here.
