| Abstract |
The U.S. General Accounting office recently issued three studies on geothermal energy. These studies are important for their independent criticisms of Federal leasing and Loan Guarantee Programs, for their analysis of obstacle impeding the widespread use of geothermal energy, and for the recommendations they make. They are also important for what they do not say, e.g., they fail to study or comment on critical tax and economic issues which the private sector of the geothermal energy industry is faced with and which are major obstacles to accelerated development of domestic geothermal energy resources. |