Monday, March 11, 2013

Global:

Global Geothermal Getting a World Bank Bump (EarthTechling)

Geothermal, the renewable energy source with so much going for it but so many hurdles to overcome, is getting some help from the World Bank.

The bank this week called on “donors, multilateral banks, governments and the private sector” to back its Global Geothermal Development Plan (PDF), which is aimed at supporting exploratory drilling that can help build a steady pipeline of “commercially viable projects that are ready for private investment.”