No More Bonuses: Geothermal Energy Incentives Scrapped
Published Date: 7/17/2025
Rule
Summary
The government is canceling rules that gave extra rewards to people who produce energy from geothermal leases on public land. This change affects companies using these leases and means no more special bonuses for producing geothermal energy. The update takes effect soon and could change how much money companies make from these leases.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
BLM Rescinds Geothermal Incentives
The Bureau of Land Management (BLM) is canceling regulations that provided extra production incentives for geothermal leases on public land. Companies that hold or operate those geothermal leases will no longer receive those special production bonuses, which may reduce how much money they earn from the leases.
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