The purpose of this chapter is to provide for the allocation of revenues distributed to the state pursuant to Section 35 of the Mineral Lands Leasing Act of 1920, as amended (30 U.S.C. Sec. 191), with respect to activities of the United States Bureau of Land Management, the United States Forest Service, and other federal agencies undertaken pursuant to the Geothermal Steam Act of 1970 (Chapter 23 (commencing with Section 1001) of Title 30 of the United States Code) in order to accomplish the following general objectives:
(a)
Reduction of dependence on fossil fuels and stimulation of the state’s economy through development of geothermal resources.
(b)
Mitigation of the adverse social, economic, and environmental impacts caused by geothermal development.
(c)
Financial assistance to cities, counties, and districts to offset the costs of providing public services and facilities necessitated by the development of geothermal resources within their jurisdictions.
(d)
Maintenance of the productivity of renewable resources through the investment of the proceeds of a depleting resource.