H.R.1077 - Streamlining Thermal Energy through Advanced Mechanisms Act; STEAM Act (119th Congress)
Summary
H.R. 1077, the STEAM Act, aims to amend the Energy Policy Act of 2005 to expedite geothermal exploration and development. The bill focuses on streamlining the NEPA review process for geothermal projects in areas that have been previously studied or developed. This is achieved by including geothermal projects alongside oil and gas projects in certain exemptions and modifications to the NEPA review process.
Expected Effects
The primary effect of the STEAM Act would be to reduce the time and cost associated with geothermal energy projects. This could lead to increased investment in geothermal energy and a faster deployment of this renewable resource. It may also reduce environmental oversight.
Potential Benefits
- Increased geothermal energy production.
- Potential for job creation in the renewable energy sector.
- Reduced reliance on fossil fuels.
- Streamlined regulatory processes for energy projects.
- Potential for lower energy costs in the long term.
Potential Disadvantages
- Potential for inadequate environmental review of geothermal projects.
- Possible negative impacts on local ecosystems due to expedited development.
- Risk of prioritizing geothermal development over other land uses.
- Limited scope, focusing only on previously studied areas.
- Potential for unintended consequences due to changes in NEPA review process.
Most Disadvantaged Areas:
Constitutional Alignment
The bill appears to align with the General Welfare Clause of the Constitution, as it aims to promote energy security and economic development. Congress's power to regulate interstate commerce (Article I, Section 8) provides a basis for energy legislation. However, the potential impact on environmental protection may raise concerns related to the government's responsibility to protect natural resources for future generations.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).