For Immediate Release
Contact: Shawna Seldon
Geothermal Energy Association releases 2012 Policy Priorities
WASHINGTON, DC (March 1, 2012) - The Geothermal Energy Association today released the policy priorities adopted by the organization's Board of Directors. Yesterday, the Energy Information Agency also projected that geothermal power production would triple in the US by 2035, with its growth outpacing the renewable power average.
"Reports continue to forecast tremendous growth for the geothermal industry in the US and worldwide, but economic and policy challenges still exist across the board,” said GEA Executive Director Karl Gawell. “In order for geothermal to reach its true growth potential, leaders and policymakers must understand our industry’s needs on a policy level.”
GEA 2012 Policy Priorities:
Secure Longer Term Tax Incentives to Promote Geothermal Energy Development and Industry Stability