H.R. 8665, Supercritical Geothermal Research and Development Act
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
0
0
0
Revenues
0
0
0
Increase or Decrease (-) in the Deficit
0
0
0
Spending Subject to Appropriation (Outlays)
0
72
not estimated
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
No
Statutory pay-as-you-go procedures apply?
No
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?
No
Contains intergovernmental mandate?
No
Contains private-sector mandate?
No
The bill would
- Require the Department of Energy (DOE) to establish a program to research, develop, and demonstrate supercritical geothermal systems
- Require the U.S. Geological Survey (USGS) to regularly assess geothermal resources
- Require DOE to report to the Congress and collaborate with other agencies on geothermal activities
Estimated budgetary effects would mainly stem from
- Authorizing appropriations for DOE to conduct activities related to supercritical geothermal systems
- Requiring the USGS to complete the geothermal assessments
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
