Shane Jones: Resources Minister explains why Crown funds should be directed towards geothermal sector

from Best of Business · host Newstalk ZB

The Resources Minister is insistent Crown funds should help heat the geothermal sector. A Government strategy has been released on its plan to double the use of geothermal energy by 2040. It's also ring fenced $50 million from the Regional Infrastructure Fund for the development of geothermal energy projects.  Resources Minister Shane Jones says it's a worthy investment. "The Crown stepped up to the plate in the 1950s, did an enormous amount of drilling - not always successful, but a number of those drill holes have turned into major electricity suppliers."  LISTEN ABOVESee omnystudio.com/listener for privacy information.

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