Money.
This Forbes article, explains.
I love Iceland. Not just because of Bjork, or a pity over how their country imploded with a cold "squish" sound. I really love their famous geothermal energy usage.
So why don't we do it here?
It's too expensive for a profit-based model, this article says.
Excerpt of Forbes article:
"Unlike with wind or solar, geothermal power developers have to raise money just to see if there's a power source to be exploited. According to Mark Taylor, a geothermal analyst at New Energy Finance, it can cost $10 million to $15 million to drill two or three holes to prove there's enough heat there to spin a turbine. "You need resources just to prove your resources," he says."
Damn.
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