On the recordSeptember 24, 2024
Mr. Speaker, I yield myself such time as I may consume. I rise in support of my bill, H.R. 7422, the Geothermal Cost Recovery Authority Act of 2024. As colleagues on both sides of the aisle can agree, geothermal energy is an extremely promising and growing source of renewable energy. Since the 1960s, geothermal energy has been used as a sustainable and reliable source of electricity, but even though it has grown significantly since then, it still only makes up less than half of one percent of our energy generation mix. Fortunately, new breakthroughs in technology are massively expanding where geothermal energy can be developed. This is particularly exciting because of some of the unique benefits of geothermal energy for the clean energy transition. Geothermal provides consistent baseload power, which is available 24/ 7 with minimal emissions. This complements the mix of solar, wind, and storage needed to build a clean grid and is crucial for maintaining stability in our energy systems, replacing dirty baseload energy like coal. Many of the skills needed for geothermal development are directly transferrable from industries like oil and gas. As geothermal technologies advance, we will be able to site those power plants at places like retired coal plants where fossil fuel workers can find jobs. Better yet, many of these fossil trades are already organized and unionized.…





