How does the House passing the Clean Energy Bill going to help my geothermal baby??? Very well given time and exposure considering there is only so much clean energy out there in USA given our addiction on coal power and the extreme costs of solar and the NIMBY’s blocking wind power.

Nevada Geothermal is going to soar one day soon as somebody besides me figures out a clean producing power station pumping 49MW’ of green power is extremely valuable given the ability of Nevada Geothermal to expand once power is achieved which allows the banks to refi the existing loan for more money and the government low cost loans NGLPF.ob is currently applying for.

Here are the bullet points on the Clean Energy Bill::: Note the 20% renewable by 2025

Requires electric utilities to meet 20% of their electricity demand through renewable energy sources and energy efficiency by 2020.
Invests $190 billion in new clean energy technologies and energy efficiency, including energy efficiency and renewable energy ($90 billion in new investments by 2025), carbon capture and sequestration ($60 billion), electric and other advanced technology vehicles ($20 billion), and basic scientific research and development ($20 billion).
Mandates new energy-saving standards for buildings, appliances, and industry.
Reduces carbon emissions from major U.S. sources by 17% by 2020 and over 80% by 2050 compared to 2005 levels. Complementary measures in the legislation, such as investments in preventing tropical deforestation, will achieve significant additional reductions in carbon emissions.
Protects consumers from energy price increases. According to recent analyses from the Congressional Budget Office and the Environmental Protection Agency, the legislation will cost each household less than 50 cents per day in 2020 (not including energy efficiency savings).