We know the era of cheap oil is over, and that it is only a matter of when and how high oil prices will rise.
What we need now is to see what we can do to enable geothermal. Two-thirds of our economy is made up of consumer spending, and stabilizing electricity prices will help our people cope.
From Hawaii Reporter:
Geothermal Working Group- Final Report unveiled by the County of Hawai‘i
REPORT FROM HAWAII COUNTY – HILO, HAWAII – The Geothermal Working Group, with the support of Hawai`i County Mayor Billy Kenoi, will present the final draft of the Geothermal Working Group Report on Wednesday, January 4, 2011 at 2:30 p.m. The press conference will be held at the County building on the Mayor’s lanai at 25 Aupuni St., second floor.
The report was sponsored by the County of Hawai‘i to evaluate geothermal energy as the primary source of baseload power for electricity on the Island of Hawai‘i. The report includes an analysis of technical data and expert testimony providing convincing rationale to develop local renewable energy plants and transition away from the county’s dependence on petroleum-fueled generators for baseload electricity. The report, which is currently being circulated within Hawai`i’s State Legislation, was developed as research to help support Hawai`i’s Clean Energy Initiative goals…. Read the rest
As I’ve talked about here before, Iceland has made itself energy and food secure. We can too.