A ton of publicly
owned coal leased during the Obama administration will, on average, cause damages estimated at between $ 22 and $ 237, using the federal government's social cost of carbon estimates — yet the average price per ton for those coal leases was only $ 1.03.
Not exact matches
Less well known are its efforts to sell mining
leases on federally
owned land to promote
coal exports abroad.
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.
Over the past seven years, the Interior Department has
leased more than 2 billion tons of publicly
owned coal.
E.ON U.S. also
owns Western Kentucky Energy Corporation, which until July 2009 had been
leasing and operating five
coal - fired plants
owned by Big Rivers Electric Corporation in Western Kentucky.
Another problem with the federal
coal leasing program is that Bureau of Land Management officials have failed to comprehend or adjust to the US
coal mining industry's efforts to increase exports of publicly
owned coal.
The Bureau of Land Management has not adjusted to the US
coal mining industry's efforts to increase exports of publicly
owned coal.The US
coal mining industry is openly aiming to increase exports of publicly
owned coal, and the federal
coal leasing program has been faulted by multiple government audits for ignoring exports when determining the «fair market value» of
leased coal.
The Bureau of Land Management has
leased 2.2 billion tons of publicly
owned coal during the Obama administration, unlocking 3.9 billion metric tons of carbon pollution.
The Bureau of Land Management has
leased 2.2 billion tons of publicly
owned coal during the Obama administration, unlocking 3.9 billion metric tons of carbon pollution.This is equivalent to the annual emissions of over 825 million passenger vehicles, and more than the 3.7 billion tons that was emitted in the entire European Union in 2012.
This analysis shows that the BLM has
leased 2,237,004,772 tons of publicly
owned coal during the Obama administration, which has unlocked an estimated 3,922,481,766 metric tons of carbon pollution — nearly four gigatons.
This is for the North Porcupine tract, and like the South Porcupine tract that BLM
leased to Peabody last month — even though this
coal is
owned by you and me — the
lease was drawn up by Peabody itself for its
own profit.
Earthjustice, a nonprofit environmental law firm, is suing to block the
lease of state -
owned land in Otter Creek, Mont., to Arch
Coal for mining to serve demand in Asia and elsewhere.