17 Jul 2025
đŸ”¥Rescission of Geothermal Lease Royalty Rate Regulations Impact
Rescission of Regulations Regarding Geothermal Lease Royalty Rate Terms
Summary
This direct final rule rescinds a portion of the Bureau of Land Management's (BLM) regulations addressing geothermal lease royalty rate terms.
Agencies
- Interior Department
- Land Management Bureau
Business Impact
$$ - Med
The rescission of geothermal lease royalty rate terms could impact business owners in the geothermal energy sector by altering royalty obligations and potentially simplifying compliance. The removal of obsolete regulations may result in operational efficiencies for businesses engaged in or considering geothermal leasing activities.