Over the last couple of days the Climate change debate has been hoting up in parliment.
Peter Garrett was on lateline talking up the Geothermal industry as well as John Howard making the best part of a 10min answer on the industry when asked about related issues in question time today.
So My question is, Do you think that Geothermal is a good investment? and if so what companies on the sharemarket that have interests in Geothermal would you invest in?
I know of one such company which will be listed later on this year called Greenearth energy, I will be entitled to some of these as I own shares in VPE who own a 33.3% interest. Im quite excited by this project.
Here is a link to the interview of Peter Garrett on lateline last night talking up Geothermal http://www.abc.net.au/reslib/200705/r147417_519856.asx
here is a transcript of the interview, its too long to post here http://www.abc.net.au/lateline/conte...7/s1938273.htm
I believe there is a clear opportunity here as both sides of parliment seem to be pushing it.... just look what happened to SOO after Costello mentioned rebates for solar panels in the budget!
PS: not sure if this is in the correct section as it is a general question/chat however Im also talking about shares.... Ill leave it up to you mods!