Rescission of Regulations Regarding Competitive and Non-competitive Geothermal Leases
Summary
The federal government is canceling rules that controlled how companies can lease public land to drill for geothermal energy (heat from deep underground). This change could make it easier for energy companies to develop geothermal projects on federal lands, which might increase clean energy production but could affect how the government manages these public resources.
Key Points
- 1The BLM is removing previous regulations that governed both competitive bidding (where companies compete for leases) and non-competitive leasing (where companies apply directly) for geothermal energy projects on federal lands
- 2This could make the leasing process simpler and faster for energy companies wanting to develop geothermal resources under public lands
- 3The change may affect how much money the federal government receives from geothermal leases and how environmental reviews are conducted
- 4Public comment period runs from July 17, 2025 to August 19, 2025, allowing citizens and organizations to submit feedback before the rule takes final effect
- 5This primarily impacts energy companies, federal land management, and communities living near geothermal development areas
Key Dates
July 17, 2025
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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