A geothermal resources development bill, a critical piece of legislation to facilitate investment in geothermal energy, has been approved by Parliament.
The Geothermal Resources Development Bill, tabled on Monday 24 October 2016 by Minister for Trade, Energy and Employment, Ian Douglas, consumed just over ninety minutes of debate.
“The Geothermal Resources Development Act provides for the legal framework for the management of the geothermal resources, reconnaissance, exploration, use and in Dominica’s case export of the resource,” Minister Douglas informed.
“The act, Madame Speaker, must therefore provide for the issuance, suspension, and revocation of licenses, regulate the use of the resource in a manner that is sustainable, and minimize the impact on the physical and social environment,” he added.
