The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 9 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
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.”
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.”
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 …”
Beard: 20 geothermal startups are stranded needing $30M–$50M for demonstration projects
“There's 20 teams globally right now that could be in the field building a geothermal project that can't raise the 30 to fifty million dollars they need to go out and drill the well and build the plant”
Beard: Traditional Hydrothermal Geothermal Cannot Scale Exponentially
“There's not a whole lot of it in the world. It's certainly not enough to scale exponentially, for instance, right? It's in very specific locations.”
Beard: Geothermal will scale via shallow sedimentary basins before deep rock
“That I think is how geothermal or geothermal anywhere will roll out in the next decade, is you've got teams that are in sedimentary basins right now, like In South Texas, right? They're trying geothermal anywhere projects in places where they can get to heat i…”
Beard: Geothermal has a tiny footprint and avoids massive mineral mining
“Geothermal has a
Tiny footprint compared to other renewables.
It doesn't rely on a massive amount of rare earth mining like you know, like, for instance, wind and solar production and storage production.”
Beard: Air-source heat pumps suffer major efficiency losses in extreme climates
“And in more extreme clients, like climates, like very, very hot, or very, very cold climates air source heat pumps just aren't very efficient, because you don't have a lot of work, you don't have a lot to work with, essentially, from temperature extremes in ai…”