BLM Undervalues Coal Leases in Powder River Basin

The Bureau of Land Management coal leasing program has been found to be run “without sufficient oversight or a consistent means of ensuring that fair prices are paid for the leases, a report released on Tuesday said.” According to the NY Times: “The report, compiled by the Government Accountability Office, focused largely on the Mountain West, where coal companies have leased land from the federal government for decades. It noted that most coal lease sales since 1990 had only one bidder, and said that the bureau did not always adequately assess the market value of the leases or document reasons for accepting bids below that value.”

One must wonder if the government isn’t trying to encourage the use of coal for energy production rather than discourage it to prevent it’s relatively high level of CO2 emissions produced.



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