The geothermal resources as local unique tourism resources and cleaner energy has long exploitation history.
But the work could light one path to the eventual production of cleaner energy.
By 2007, 90% public buses and 70% taxies shall be converted to cleaner energy.
He says the goal can be met through a mix of incentives and development of new, cleaner energy technology.
The President said on Friday that Americans had now arrived at a point of convergence on the need to move towards cleaner energy.
The best way for governments to encourage investment in cleaner energy is to make the polluter pay by putting a price on CO2 emissions.
Hence the meeting of 24 energy ministers in Washington, D.C. last week to attempt to hash out ways to use cleaner energy more efficiently, regardless of who's number one.
Simply put, if policymakers get the price signals right, firms and consumers will of their own accord reorient their efforts away from consumption and towards exports and cleaner energy.
