Insight certainty 4/5 debate potential 3/5

Beard: Scaling geothermal rapidly requires leveraging the entire oil and gas industry

Jamie Beard · Could geothermal become a major zero-emissions player? · Sep 9, 2022 · at 52:44

Jamie Beard, founder of Project InnerSpace, discusses federal initiatives and tech transfer between the oil and gas sector and geothermal energy.

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“If we want to go fast, and we want to do this at scale, we're going to have to leverage that entire industry.”

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More from Jamie Beard

Assertion Supported
Beard: Drilling 70,000 geothermal wells yearly to 2050 meets global energy demand
“Current oil and gas well drilling capacity in the world, which is roughly, you know, 70,000 wells a year. We do that every year between now and 20 50. That meets global energy demand.”
Jamie Beard Sep 9, 2022 ▶ 18:15 Could geothermal become a major zero-emissions player?
Assertion Not checkable as stated
Beard: $1 billion could launch every active geothermal startup into field testing
“I mean, a billion dollars could launch every team I'm aware of into the field. That's, I mean, look, that's a drop of the bucket compared to the climate Problem.”
Jamie Beard Sep 9, 2022 ▶ 47:49 Could geothermal become a major zero-emissions player?
Insight
Beard: Syndicates must fund five sequential geothermal projects to avoid data-wait death
“We should not be waiting for five years of operational data. The reason he needs that is because he, you know, he needs to get funding for a second project, and that's why we need to fund five outright. Bam, bam, bam, bam. Stamp them out one after the other. I…”
Jamie Beard Sep 9, 2022 ▶ 50:16 Could geothermal become a major zero-emissions player?
Prediction Not checkable as stated
Beard: Geothermal will fail to scale if mired in climate lawsuits
“Geothermal is going to carry the baggage of a hundred years of fighting between the hydrocarbon industry and environmental and climate groups, and that, navigating that I mean, it will be incredibly important to, you know, making sure that we can achieve fast …”
Jamie Beard Sep 9, 2022 ▶ 57:36 Could geothermal become a major zero-emissions player?
Opinion
Beard: Using hydrogen for home heating is a facepalm compared to geothermal
“Every time I read a, an article, for instance, that's talking about you know, how we're sure we're going to heat homes with hydrogen. I literally, I mean, it's a facepalm moment, right? Because geothermal is just so much easier to do than that, right? And so, …”
Jamie Beard Sep 9, 2022 ▶ 26:25 Could geothermal become a major zero-emissions player?
Opinion
Beard: Using geothermal baseload merely to mine battery lithium is a distraction
“And so, when I see geothermal in the media as a lithium play, really, I mean, if you look at it, if you back up and look at that, what you're thinking is, oh, ok, good, we'll use this clean, awesome, ubiquitous, baseload energy source to mine lithium to make b…”
Jamie Beard Sep 9, 2022 ▶ 36:21 Could geothermal become a major zero-emissions player?
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