Wednesday, May 28, 2008 6:32:58 PM
A large amount of money, McDonald said, "is being spent by the federal government (on geothermal HVAC). They recognize the value."
"The federal government creates an economy of scale that allows the formation of companies like ours."
Right now, McDonald will focus on contracts with governmental entities at all levels and large commercial/institutional sites. He would like to see Energy America Geothermal do a residential development, also.
Beard said there are millions of tonnage of geothermal air conditioning and heating on military sites. His company was a sub-contractor on a system at Ft. Bliss.
Noting a presidential mandate to reduce carbon dioxide emissions, McDonald said, "The market is right, now, for proving out geothermal with the federal government, schools and the military.
"When the federal government takes grasp, the systems become more proven."
http://www.energyamericainc.com/index.php/information/newsmore/117/
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