All posts tagged "geothermal energy"

(Andy Matthews/NPRI) – “Facts,” John Adams once famously said, “are stubborn things.” I recalled this quote while reading Kyle Gillis’ coverage of Sen. Harry Reid’s fifth annual National Clean Energy Summit, which was held Tuesday in Las Vegas. A constant theme at these summits has been that “investing” (i.e., spending large sums...

(Victor Joecks/NPRI) – Another reminder of why government shouldn’t try and pick the winners and losers in the economy. Despite receiving almost $100 million from taxpayers, Nevada Geothermal Power is going broke. A geothermal energy company with a $98.5 million loan guarantee from the Obama administration for an alternative energy project in...