Tuesday, November 25, 2014

Canada:

CanGEA Report - Geothermal Energy is the Renewable and Cost Effective Alternative to the Proposed $8 Billion Site C Dam (CanGEA)

Geothermal has the potential to provide firm energy at a lower cost than Site C in a manner that benefits ratepayers, taxpayers, the economy and the environment, not to mention having a carbon footprint that is lower than Site C.

As the Joint Review Panel noted, new sources of energy are not required immediately, and likely not until 2028, and so there is time to complete proper due diligence, build geothermal plants and catch up to the rest of the world after 30 years of downplaying geothermal.

The new report is timely since the BC Cabinet is expected to decide whether or not to proceed with Site C before Christmas.

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