US House passes bills to boost mining and geothermal energy, aiming to compete with China in critical minerals.

The US House has passed two Republican bills aimed at boosting mining and geothermal energy. The Critical Mineral Consistency Act aligns critical minerals lists from the US Geological Survey and the Energy Department, streamlining mining project permits. The Harnessing Energy At Thermal Sources Act speeds up geothermal energy permitting. Both aim to strengthen the US supply chain and compete with China in clean energy. The Senate is also considering similar legislation to improve coordination and reduce foreign reliance, particularly on copper.

November 14, 2024
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