Geothermal energy is poised to grow. The oil industry wants in.
Geothermal energy — the technology that harnesses the heat beneath the Earth’s crust — is poised for growth due to an influx of federal funding, advances in technology, state incentives and interest from the Biden administration and the oil and gas sector. POLITICO’s Kelsey Tamborrino breaks down why geothermal energy is drawing fresh interest now and the different regulatory, financial and technological obstacles it still faces. Plus, the Senate passed a $1.7 trillion government funding bill on Thursday, sending the package to the House for approval today ahead of a midnight deadline.
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Show Notes
Geothermal energy — the technology that harnesses the heat beneath the Earth’s crust — is poised for growth due to an influx of federal funding, advances in technology, state incentives and interest from the Biden administration and the oil and gas sector. POLITICO’s Kelsey Tamborrino breaks down why geothermal energy is drawing fresh interest now and the different regulatory, financial and technological obstacles it still faces. Plus, the Senate passed a $1.7 trillion government funding bill on Thursday, sending the package to the House for approval today ahead of a midnight deadline.
Josh Siegel is an energy reporter for POLITICO.
Kelsey Tamborrino is a reporter covering clean energy.
Nirmal Mulaikal is a POLITICO audio host-producer.
Raghu Manavalan is a senior editor for POLITICO audio.
Jenny Ament is the executive producer of POLITICO’s audio department.
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