Tag Archives: Pele Defense Fund

Settlement Agreement

The Pele Defense Fund has been in the news saying it will sue if the Large-Scale Geothermal/Cable project Settlement Agreement is violated.

Read the settlement agreement here.

The settlement agreement of 1995 says that an Environmental Impact Study must be done if a geothermal cable project is to be constructed. I think most people assume an EIS will be done, and that this isn’t a big issue.

That agreement shut down everything to do with geothermal back at a time when others, such as Iceland and the Phillipines, were busy planning for avoiding oil usage by enabling more geothermal. Therefore, today we are far behind Third World nations as we try to catch up in a world of escalating energy costs.

It was done wrong originally, but now we have a chance to do it right.