The Renewable Energy Source Democrats Hope Will Break Out
RFF Fellow Daniel Shawhan lends his insight to POLITICO in a story about the potential of geothermal energy.
“If geothermal were to become affordable, then there's tremendous potential for it to be adopted for electricity generation,” said Daniel Shawhan, a fellow with Resources for the Future, a nonprofit group that conducts research on clean energy. “It really could provide a large portion of the world's energy. And in particular, it could be the missing piece in affordably [and] inexpensively achieving [a] net-zero emissions economy,” he added...
Shawhan said the Build Back Better Act could help fill some of the gaps not covered by the incentives included in the Energy Act of 2020 and the infrastructure bill signed into law in November, he added. BBB includes over $1.1 billion in renewable energy funding for research development and demonstration through 2026 and Shawhan expects at least $100 million will be appropriated for geothermal...
