| Rudd announces $50m geothermal drilling scheme |
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| Thursday, 31 May 2007 | |
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In a speech also on Wednesday 30th, the Leader of the Labor Opposition Party, Kevin Rudd, announced a $50m pot of money earmarked for a dollar-for-dollar support scheme for “geothermal drilling.”
That’s like a super PACE scheme! Now if only there were rigs for hire…
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| More heat flow results for eastern Tasmania have been released by KUTh Energy Ltd. The new results confirm the trend of heat flow greater than 90 mW/m2 in KEN’s exploration licences, which now hold a prospective ‘Hot Rock’ geothermal zone at least 4,200 km2 in area. |