August 20, 2021 Read More →

Biden administration to review coal sales on federal lands

Reuters:

The Biden administration on Thursday said it would conduct a formal review of coal sales on federal lands to study their impact on climate change and value to American taxpayers.

The move is the latest in a string of efforts by the administration of Democratic President Joe Biden to address climate change by reining in fossil fuel development on public lands.

Coal was the primary fuel for U.S. power plants for much of the last century, but its use has been declining for more than a decade as low natural gas prices have made it less competitive.

The federal coal program generated revenue of $377.7 million last year, compared with more than $1 billion as recently as 2015, according to federal data. About 42% of U.S. coal production is on federal lands, primarily in Montana and Wyoming, the Interior Department said in the notice.

In a notice posted on a government web site, Interior’s U.S. Bureau of Land Management said it would accept public comments on the coal leasing program for 30 days. It expects to announce additional steps in the review by November.

[Nichola Groom]

More: Biden administration to review climate impacts of federal coal leases

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