Today is Geothermal Awareness Day in California. Geothermal energy is an excellent source of clean, renewable energy that supports thousands of jobs across our district and state. Not only does the production of geothermal energy boost our economy and reduce our dependence on foreign oil, it provides counties with important royalty payments which they use to pay for things such as public safety, road maintenance and law enforcement. When the President proposed repealing these payments, I fought against it. If a community invests in developing geothermal energy, they deserve to get their fair share in returns. Stripping counties of these returns is a short sighted, fiscally irresponsible plan that will hurt communities and have no meaningful impact on deficit reduction. On a day when we are raising awareness of the many benefits of geothermal energy, we should take special note of how important geothermal royalties are to counties across our state.
Posted on: Mon, 05 May 2014 21:55:17 +0000
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