Sens. Ron Wyden and Jeff Merkley, D-Ore., on Thursday applauded the Senate’s passage of their legislation to encourage more geothermal energy production on federal lands.
The Geothermal Production Expansion Act of 2013, S. 363, streamlines the federal geothermal leasing program to encourage development of geothermal power by making adjacent development rights available at fair market rates.
“This bill promotes clean energy development while protecting taxpayers,” Wyden said. “I encourage my colleagues on the House side to pass this bill so geothermal developers can get development rights at fair market value without having to wait for lease nominations or speculators driving up the price of leases.”
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