Our client Lawrence Molloy from the Crestwood Group (http://tcga.com.au/) has a very big idea around reducing carbon emissions and he is doing something about it.
Lawrence's passion and expertise is in geothermal, often called the forgotten renewable.
Lawrence understands that if a pump could be developed that would operate at the extreme temperatures below the earth, geothermal energy could replace 20 per cent of the world's power needs.
So he's formed a foundation around this idea and this foundation is going to be offering a $20million prize to the person/persons who develop such a pump.
And now, Scientific American has reviewed the Lemelson Report, which was designed a few months ago by Mediation Communications.