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Introduced on January 14, 2025 by Alexandria Ocasio-Cortez
This bill lets the Department of the Interior charge companies that apply for or hold geothermal leases on federal land to pay back the government’s costs for processing permits and for inspections and monitoring of drilling and related work. This authority would last until September 30, 2032. Interior can lower these payments if full repayment would cause financial hardship or if a lower amount would help grow geothermal energy. Money collected could be used, if approved in future budget laws, to speed up permit processing and cover inspections and monitoring. Within five years, Interior must publish a report on how this policy affected its geothermal program and suggest any updates.
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