Accelerating Renewable Energy Development on Public Lands by 2030.
This bill aims to promote renewable energy development on public lands by raising the production goal to 60 gigawatts by 2030. It establishes a revenue-sharing model for wind and solar projects, directing 50% of funds to the states and counties where the revenue is derived. Additionally, the bill creates a conservation fund to finance habitat restoration and improve recreational access on lands affected by these developments.
Key points
The national goal for renewable energy production on federal land is increased from 25 GW to 60 GW by the end of 2030.
50% of revenues from wind and solar leases and fees will be paid to the states and counties where the revenue is derived.
The bill mandates the designation of "priority areas" for renewable energy projects and streamlines permitting processes.
A Renewable Energy Resource Conservation Fund is created to finance habitat restoration and enhance recreational access on lands impacted by energy development.
Status:
Expired
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