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Search Results: keywords:"geothermal resources"

  • The bill H.R. 7422 aims to amend the Geothermal Steam Act of 1970 to allow the Department of the Interior to recover costs from those who hold geothermal leases. It permits the Secretary of the Interior to require leaseholders to reimburse the United States for the costs...

    Simple Explanation

    The bill H.R. 7422 is about making sure the government gets paid back for the money it spends helping people use underground heat from the Earth to make energy. It also asks for a report to see how well this plan works in five years.

  • H.R. 7422, also known as the “Geothermal Cost-Recovery Authority Act of 2024,” aims to amend the Geothermal Steam Act of 1970. It grants the Department of the Interior the authority to charge fees to companies for the administrative costs and monitoring activities related to...

    Simple Explanation

    The bill lets a government department charge for help in watching over companies using hot water and steam from the ground, making sure everything is fair and good until 2031. They need to check how it's working after a few years and report on it.

  • H. R. 6474 aims to change the Energy Policy Act of 2005 to speed up geothermal exploration and development in areas that have already been studied or developed. The bill specifically modifies existing law to include geothermal resources alongside oil and gas in certain...

    Simple Explanation

    H.R. 6474 is a plan to make it easier and faster to find and use hot water energy sources, called geothermal energy, in places where people have already looked for oil, gas, or other resources. It changes some rules to help this happen, but people are worried it might cause confusion or unfairness if not done carefully.