This conclusion is supported by the history
of the coal leasing program, an International Monetary Fund report on fossil fuel subsidies, and common sense.
However, the IG and GAO reviews fell far short of a comprehensive review
of the coal leasing program, and did not attempt to calculate the total amount of taxpayer revenue that has been lost.
In addition to building on the Sierra Club's recent successes establishing legal standing to raise climate arguments (1) and telling the agencies that they can not simply ignore the Social Cost of Carbon when weighing the impacts
of coal leasing, Judge Jackson squarely rejected the notion that massive coal mines would have no impact on our climate.
The moratorium is part of the Interior Department's three - year study of the impact
of the coal leasing program on climate change.
Not exact matches
A coalition
of environment groups sued in May over the action, asking a U.S. court to stop Interior from issuing
coal leases until it completes the analysis.
About 40 percent
of U.S. - produced
coal comes from 310 active
coal leases managed by BLM.
Last summer, Interior launched a series
of listening sessions on the
coal program, aimed at making
leasing «more transparent and more competitive» (E&EN ews PM, July 29, 2015).
Echoes
of «keep it in the ground» One former official interpreted Obama's remarks as being aimed at either raising the cost
of coal through BLM's
leasing process or making it off - limits to
coal companies altogether.
The Commonwealth Government
of Australia has recently issued a
lease for a new
coal mine in Queensland.
Earlier this year, the Obama administration placed a three - year moratorium on federal
coal leasing, and closed the entire East Coast and parts
of the Arctic Ocean to offshore oil drilling.
He'll have plenty
of support: Interior Secretary nominee Ryan Zinke, who would oversee the federal
coal leasing program, has a long history
of support for
coal mining on public lands.
One
of the restrictions that could fall early in Trump's presidency is the moratorium the Obama administration placed on
coal leasing in early 2016.
The U.S. temporarily halts
coal leasing on federal lands to reassess its policy in light
of global warming
As Montana's only representative in the House, Zinke has also been a strong supporter
of Montana
coal and has expressed concern over a three - year
leasing moratorium and programmatic review
of the federal
coal program undertaken this year by Interior.
The Obama administration did indeed place a federal moratorium on all new
coal mining
leases on public lands across the country in June — but but only out
of concern from environmentalists, Congress, and the Department
of the Interior that
coal companies have spent 30 years cheating taxpayers out
of $ 30 billion in royalties.
The amount
of coal produced from federal
leases and associated revenues have increased since 1990, although production has leveled off since 2002.
Broadly stated: if you reject a
lease and take a large portion
of a commodity (here
coal, but it could have been natural gas, tar sands, etc.) off the market, you decrease the supply, increase the cost, and, over the long term, decrease the use
of that commodity.
For years, the Bureau
of Land Management (BLM) has used tortured economic logic to mask its willful ignorance
of the tremendous harm done to our climate and people through federal
leasing of more than five billions
of tons
of coal.
Judge Jackson's ruling exposes the bogus economic assumptions underlying nearly all
of BLM's
coal leasing decisions, and it will help hold BLM accountable for the climate impacts
of other decisions on
coal and fossil fuel extraction.
In the Bureau
of Land Management's upcoming
lease auction for over 700 million tons
of coal on public land in Wyoming, there's likely only to be one bidder: Peabody Energy
Through subsidiaries, AEP owns,
leases, or controls more than 9,000 railcars, 726 barges, 18 towboats, and a
coal handling terminal with 18 million tons
of annual capacity to move and store
coal for use in its generating facilities.
A federal appeals court in Denver told the Bureau
of Land Management on Friday that its analysis
of the climate impacts
of four gigantic
coal leases was economically «irrational» and needs to be done over.
Last month, 53 members
of Congress — including Washington State's Republican Rep. Doc Hastings — sent a letter to the U.S. Army and the Department
of the Interior, which grants
leases to mine
coal, asking the agencies to «expedite their consideration
of permits for
coal export facilities.»
When they get tired
of leasing the mineral rights and get distracted by another cause we can burn the
coal.
These anti-hydrocarbon policies also mean the U.S. Treasury will be deprived
of hundreds
of billions
of dollars in
lease bonuses, royalties, taxes and other revenues that it would realize from the development
of our nation's vast oil, natural gas and
coal deposits.
The court ruling involved new federal
coal leases in the Powder River Basin
of Wyoming and Montana that expanded projects holding some 2 billion tons
of coal.
That was the basic logic employed by the Bureau
of Land Management (BLM) in 2010 when it approved the new
leases in the Powder River Basin that stretches across Wyoming and Montana, expanding projects that hold some 2 billion tons
of coal, big enough to supply at least a fifth
of the nation's needs.
The
leases were at Arch
Coal's Black Thunder mine and Peabody Energy's North Antelope - Rochelle mine, among the biggest operations of two of the world's biggest coal compan
Coal's Black Thunder mine and Peabody Energy's North Antelope - Rochelle mine, among the biggest operations
of two
of the world's biggest
coal compan
coal companies.
It comes as the Trump administration is moving to reverse actions taken at the end
of the Obama administration to review the
coal leasing program on climate and economic grounds.
Other programs that provide economic support for
coal include federal and state tax breaks, the Rural Utilities Service loan guarantee program, research on new combustion technologies by the Department
of Energy, and the Department
of the Interior's
coal leasing program.
Federal
coal leasing accounts for about 40 percent
of total U.S.
coal production.
A moratorium on federal
coal leasing effectively hands a pink slip to the thousands
of people in Wyoming and across the West employed in
coal production.»
After years
of hearing from you, the Interior Department will begin a massive overhaul
of the federal
coal program, including a halt on most new federal
coal leasing.
Over the past seven years, the Interior Department has
leased more than 2 billion tons
of publicly owned
coal.
During that time, the Interior Department — the part
of the administration responsible for the federal
leasing program — has put a halt on new federal
coal leases, with a few exceptions.
Although
coal leases must be auctioned off, in the last twenty years only five out
of 27
lease auctions have drawn more than a single bidder.
The Bureau
of Land Management, the Interior agency charged with managing
coal, is in the process
of issuing 16 new
coal leases in the Powder River Basin.
Peabody Energy - and other companies - are eyeing a
coal field in Mongolia to apply the Powder River Basin model
of cheap and abundant
coal leasing.
Not surprisingly,
coal companies create
leases that preclude meaningful competition and facilitate the expansion
of their existing mines.
A federal district judge ruled Friday that the Bureau
of Land Management violated the law when it made 80 billion tons
of coal available for
leasing and opened up more than 8 million acres for oil and gas development in the Powder River Basin without first assessing the environmental risks or considering any alternatives.
Click here for a summary
of the pending
coal leases.
«For years, BLM has been telling the public that its individual
coal leasing decisions — even those approving hundreds
of millions
of tons
of coal — have no impact on our climate.
On May 11, 2011, the Port
of Morrow Commission approved a one - year
lease option with Coyote Island Terminal LLC
of Salt Lake City, Utah, to build a rail off - loading
coal terminal on up to 24.26 acres to transfer the
coal onto barges for shipment to the Millennium Bulk Logistics Longview Terminal in Washington, and on to customers in Asia.
The Bureau
of Land Management and the U.S. Forest Service had authorized the
leasing of 10.1 million tons
of coal under 1,700 acres of the Sunset Roadless Area in order to expand Arch Coal's West Elk Coal M
coal under 1,700 acres
of the Sunset Roadless Area in order to expand Arch
Coal's West Elk Coal M
Coal's West Elk
Coal M
Coal Mine.
Despite promises that uranium, oil, gas, and
coal leases would bring in millions
of dollars in royalties and create thousands
of jobs, a visit to our reservation reveals a completely different reality.
The Obama administration took a step in the right direction when it announced a major overhaul
of the federal
coal program in 2016, a change that includes a moratorium on new
coal leases on public land.
Despite the link between the Powder River Basin and global warming, Interior Secretary Ken Salazar recently proposed to sign off on twelve new
coal leases totaling up to 5.7 billion tons
of new mining in the region.
The West Antelope II
coal leases would lead to the mining
of more than 400 million tons
of coal in the Powder River Basin.
The lawsuit, filed by WildEarth Guardians, the Sierra Club, and Defenders
of Wildlife, targets decisions by the Bureau
of Land Management, an agency
of the U.S. Interior Department, to auction off the Belle Ayr North and Caballo West
coal lease tracts, which together include almost 352 million tons
of coal.
Today, amid an anemic economy and joblessness far worse than official government figures admit, President Obama balks at approving the Keystone XL pipeline, cancels
leasing and drilling on federal lands, tells our budget - sequestered military to buy $ 26 to $ 67 - per - gallon ship and jet fuel, punishes refineries for not buying cellulosic ethanol that doesn't exist, and happily lets EPA shut down
coal - fired power plants and kill countless thousands
of mining, utility and other jobs.