Will Geothermal Ever Boom Like Fracking?

It’s been a decade since the fracking boom reshaped U.S. energy markets — so when will we ever use our drilling prowess to create a similar geothermal boom? That’s the hope. The Department of Energy just released a massive new report revisiting America’s geothermal potential in conventional hydrothermal, enhanced geothermal, direct use and heat pumps. And the potential is enormous — but it’s just sitting there, largely untapped. We’re going to open up DOE’s report and see which borehole it takes us down. Then, the Biden and Warren campaigns both unveiled their energy and climate plans. Have they risen to the political and environmental stakes? Finally, are states squandering billions in settlement dollars from the VW diesel scandal? Support for this podcast comes from PG&E. Did you know that 20 percent of EV drivers in the U.S. are in PG&E’s service area in Northern California? PG&E is helping to electrify corporate fleet vehicles. Get in touch with PG&E’s EV specialists to find out how you can take your transportation fleet electric. We're also sponsored by Wunder Capital. Wunder Capital is the leading commercial solar financing company in the United States. Click here to find out how Wunder Capital can help you finance your next commercial solar project. Subscribe to GTM podcasts via Apple Podcasts, Google Podcasts, Stitcher, Spotify or wherever you find your audio content, or integrate our RSS feed into the app of your choice. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.