Energy Intensive Mining Operations
Cryptocurrency mining operations consume enough electricity to power 4,927,360 U.S. households. This is more than Israel, Greece, and Algeria's annual power consumption.
Capital intensive Renewable Energy
Although geothermal energy is one of the cheapest forms of renewable energy, the high initial capital costs of a geothermal project has inhibited innovations in this sector.
Underperforming Geothermal Wells
There are more than 2 Milion retired wells in the U.S. alone. The oil & gas industry is facing a multitude of fines and regulations due to abandoned wells across the country.