Page 182 - நிலக்கரி புலங்கள் மீளுருவாக்கம் நம்பிக்கை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

January 19, 2021 No one is better at digging holes than the oil and gas sector. Over the last century, the industry has perfected the art of extracting fossil fuels many miles below the surface. Its future, however, may be in digging for heat. The prospects for geothermal energy extracted from the nuclear furnace at the Earth’s core are rising after decades in the doldrums. In 2021, oil and gas majors are poised to make the first major geothermal investments in more than 30 years, say industry experts and energy executives, as financial returns on fossil fuels tank. Investors backed a record 98 companies generating geothermal energy last year, including many new startups, the most since private equity research firm PitchBook began keeping track about two decades ago. Globally, geothermal investments exceeded $675 million last year, six times more than the year prior.

United statesJohn redfernTim latimerDoug hollettFrontier observatory for researchDepartment of energyUs department of energyColorado school of minesRoyal dutch shellGeothermal energyPacific rimWill fleckensteinColorado schoolFrontier observatoryClimate changeGlobal warming