Provides for leases for production of hydrokinetic energy on state lands
Impact
The potential impact of HB 841 on state laws includes facilitating new opportunities for energy resource exploration and production on state-owned lands. The bill aims to enhance Louisiana's focus on sustainable energy sources, generating economic growth by creating new job opportunities associated with the alternative energy sector. By enabling the leasing of state lands for alternative energy development, the law encourages a shift away from traditional fossil fuels and aligns with broader national energy trends emphasizing renewable resources. Furthermore, it establishes a fee structure for these lease transactions, which will contribute to state revenues.
Summary
House Bill 841 focuses on the advancement of alternative energy resources within Louisiana by amending existing legislation to authorize the State Mineral and Energy Board to lease state lands for the exploration, development, and production of alternative energy, specifically hydrokinetic energy, which is associated with harnessing energy from water movements. The bill outlines key definitions related to alternative energy forms, emphasizing the inclusion of wind, solar, geothermal, and hydrokinetic energy while excluding biomass fuel-related facilities from its purview. This legislation marks a significant step towards diversifying the state's energy portfolio and promoting renewable energies to benefit both the environment and the economy.
Sentiment
Sentiments around HB 841 appear to be largely supportive, particularly among environmental advocates and sectors interested in renewable energy solutions. Stakeholders recognize the potential benefits of diversifying Louisiana's energy resources and enhancing sustainability initiatives across the state. However, there may still be concerns from traditional energy sectors fearing competition or regulatory changes affecting their operations. Overall, the bill is seen as a progressive move towards fostering a more environmentally friendly energy landscape.
Contention
Notable points of contention surrounding the bill include the exclusion of biomass fuel development from the alternative energy strategy outlined in HB 841, which could provoke debate regarding the viability of various forms of renewable energy. Some stakeholders may argue that this exclusion limits the bill's comprehensiveness and supports a narrower view of sustainable energy resources. Additionally, the implementation of rules and regulations by the State Mineral and Energy Board, as mandated by the bill, could lead to discussions on the balance of regulatory control and promoting private sector involvement in alternative energy projects.
Authorizes the State Mineral and Energy Board to lease state lands for the development or production of alternate energy resources. (8/15/10) (EN SEE FISC NOTE GF RV See Note)