Recent federal lease sales have generated a tepid response, said Imran Khan, who leads Wood Mackenzie's commercial valuation team for oil and gas projects in the Gulf of Mexico.
Not exact matches
Revenues from
federal coal
leases have generated about $ 1 billion annually in
recent years.
While the
recent moratorium on new coal
leases on
federal land will not directly impact the Colorado Roadless Rule decision, advocates are hopeful it signals that the Obama Administration will use this opportunity to take another stand against coal and climate pollution.
This most
recent stance against coal comes on the heels of President Obama's decision last week to freeze all new coal mining
leases on
federal land until the climate risks are incorporated into any
leasing decision.
Some observations on this week's
federal oil and natural gas
lease sale in the Western Gulf of Mexico, reported with alarm by some media outlets because it wasn't as large as other
recent sales.
This question is especially important in light of a
recent federal court ruling, which blocked plans to expand a coal mine in Colorado because of the failure of the
federal coal
leasing program to properly consider the
federal government's social cost of carbon figures and climate change impacts.
The
federal coal
leasing program amounts to a major fossil fuel subsidy, favoring coal at the expense of cleaner forms of generating electricity.A
recent federal court ruling rejected BLM's argument that increasing the supply of coal would not increase carbon pollution, in part because coal competes with cleaner methods of generating electricity.
The United States»
federal coal
leasing program has come under increased scrutiny in
recent years, as communities impacted by coal mining and export proposals, taxpayer advocates, and environmental groups have questioned the ability of the Bureau of Land Management (BLM) to ensure a fair return to US taxpayers and adjust to newer challenges such as climate change and coal export proposals.
The role of the
federal coal
leasing program in increasing the supply of coal and carbon pollution was highlighted by a
recent federal court ruling, which blocked Arch Coal's plan to expand a mine in Colorado.
Due to stricter
federal laws and regulations in
recent years, however, companies that own a truck permit are potentially responsible for any accidents involving trucks
leased to it.
But things have become decidedly more customer friendly as a result of
recent federal regulatory changes that keep
lease contracts shorter and simpler.
Recent transactions include a 29,033 - square - foot
lease signed by the HCL Corp.; a 23,833 - square - foot
lease signed by software company By Appointment Only; and a 22,793 - square - foot
lease signed by US Alliance
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