Geothermal resources: Oil, Gas, and Geothermal Administrative Fund.
The proposed amendment is characterized as a nonsubstantive change to existing law. Its primary objective is to clarify and reinforce the existing responsibilities of the State Oil and Gas Supervisor regarding the publication and availability of information related to geothermal resources. By formalizing these processes, the bill is expected to enhance the public's access to information, thereby supporting informed decision-making and potentially fostering community interest in geothermal energy initiatives. Furthermore, it underscores the state's commitment to efficient management of its geothermal resources.
Assembly Bill 326 (AB 326), introduced by Assembly Member Alanis on January 30, 2023, aims to amend Section 3719 of the Public Resources Code, specifically addressing issues surrounding geothermal resources and the Oil, Gas, and Geothermal Administrative Fund. The bill stipulates that the State Oil and Gas Supervisor is required to publish any printed matter pertaining to geothermal resources that may attract public attention or demand, ensuring increased transparency and dissemination of pertinent information regarding these resources. Any materials sold under this provision must be sold at cost, with proceeds directed towards the administrative fund.
As the bill does not introduce any substantive changes or new requirements, it may not be met with significant opposition. However, stakeholders within the oil and gas sector and environmental advocacy groups might closely monitor its implementation to ensure compliance with environmental protection standards and public interest. The amendment's straightforward nature could also lead to discussions about the broader implications of managing and regulating geothermal energy resources in California. Thus, while the bill serves to optimize existing protocols, ongoing dialogue about geothermal resource management and its environmental impacts may continue.