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Stock impact report

Converting to Geothermal Energy [The New York Times]

New York Times Company (The) (NYT) 
Last new york times company (the) earnings: 2/6 07:00 am Check Earnings Report
Converting to Geothermal Energy - The New York Times Thanks to temporary bans on new natural gas hookups in parts of , the market for single-family geothermal energy systems, which use underground pipes to harness the earth’s energy for heating and cooling buildings, is finally starting to make some inroads. Geothermal energy systems A convergence of factors, including a recently enacted state carbon emissions law, natural gas delivery constraints, and the availability of tax incentives and rebates, has persuaded some homeowners to replace their oil-burning furnaces or boilers with electric geothermal systems, instead of heating and cooling systems that run on natural gas. “Geothermal is at a groundswell point,” for single-family homes, said David Logsdon, a section manager in Consolidated Edison’s Westchester County, which includes some of the wealthiest ZIP codes in the state, has become a de facto testing ground for the state and the industry to persuade homeowners to adopt these a Show less Read more
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