Australian Rare Earths

Australian Alternative Energy Forum


Not Really a Forum, more of my memory aid.


Comments on this forum should never be taken as investment advice.


Go Back   Alternative Energy Forums > Alternative Energy Discussion > Geothermal

Reply
 
Thread Tools Display Modes
  #1  
Old 08-19-2009, 03:08 AM
Sparty Sparty is offline
Administrator
 
Join Date: Mar 2009
Posts: 1,765
Default W.A. Govt. tips Hot Rock Energy to cut carbon footprint

Geothermal tipped to cut carbon footprint
Wednesday August 19, 2009, 11:11 am

The West Australian Government is looking to establish geothermal energy as a long-term, alternative source.
Geothermal energy is a renewable energy source that uses heat from water thousands of metres below the earth's surface.
The Government has just issued the first batch of geothermal exploration permits.
Geothermal Power is one of the companies to take up a government permit.
The company's chief executive, Jenny Archibald, says the use of geothermal energy will help reduce Western Australia's carbon footprint.
"The most obvious benefit is that once this is set up it's providing energy on an ongoing basis, where there is no direct carbon output at all," she said.
Ms Archibald says geothermal energy will increasingly be used to offset electricity use.
"Overall, the carbon imprint is very, very small," he said.
"It's a renewable resource because the water gets pumped back down into the system, so it's circulated and all we are really doing is extracting the heat."

From http://au.biz.yahoo.com/090819/31/282iw.html

 

Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.

Reply With Quote
Reply

Tags
geothermal energy, hot rock energy, weatern australia

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT. The time now is 10:01 PM.


Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.