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Enhancing Geothermal Production on Federal Lands Act
12/16/2024, 8:39 PM
Summary of Bill HR 6482
Bill 118 hr 6482, also known as the Enhancing Geothermal Production on Federal Lands Act, aims to promote the development of geothermal energy resources on federal lands. Geothermal energy is a renewable energy source that harnesses heat from the Earth's core to generate electricity.
The bill seeks to streamline the permitting process for geothermal projects on federal lands, making it easier for developers to access and develop these resources. It also encourages collaboration between federal agencies, states, and industry stakeholders to identify and prioritize geothermal sites with the highest potential for development.
Additionally, the bill includes provisions to incentivize the development of geothermal energy by offering competitive leasing opportunities and royalty rates for developers. It also directs the Department of the Interior to conduct a comprehensive assessment of geothermal resources on federal lands to better understand the potential for future development. Overall, the Enhancing Geothermal Production on Federal Lands Act aims to increase the production of clean, renewable geothermal energy on federal lands, helping to reduce greenhouse gas emissions and promote energy independence in the United States.
The bill seeks to streamline the permitting process for geothermal projects on federal lands, making it easier for developers to access and develop these resources. It also encourages collaboration between federal agencies, states, and industry stakeholders to identify and prioritize geothermal sites with the highest potential for development.
Additionally, the bill includes provisions to incentivize the development of geothermal energy by offering competitive leasing opportunities and royalty rates for developers. It also directs the Department of the Interior to conduct a comprehensive assessment of geothermal resources on federal lands to better understand the potential for future development. Overall, the Enhancing Geothermal Production on Federal Lands Act aims to increase the production of clean, renewable geothermal energy on federal lands, helping to reduce greenhouse gas emissions and promote energy independence in the United States.
Read the Full Bill
Current Status of Bill HR 6482
Bill HR 6482 is currently in the status of Bill Introduced since November 28, 2023. Bill HR 6482 was introduced during Congress 118 and was introduced to the House on November 28, 2023. Bill HR 6482's most recent activity was Placed on the Union Calendar, Calendar No. 678. as of December 10, 2024
Bipartisan Support of Bill HR 6482
Total Number of Sponsors
3Democrat Sponsors
0Republican Sponsors
3Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 6482
Primary Policy Focus
EnergyAlternate Title(s) of Bill HR 6482
Enhancing Geothermal Production on Federal Lands Act
Enhancing Geothermal Production on Federal Lands Act
To amend the Geothermal Steam Act of 1970 to promote timely exploration for geothermal resources under geothermal leases, and for other purposes.
Comments
Sponsors and Cosponsors of HR 6482
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