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Washington Post ($): President Trump’s pick for managing federal lands doesn’t think the federal government should have any. This week, Interior Secretary David Bernhardt signed an order making Wyoming native William Perry Pendley the acting director of the Bureau of Land Management. Pendley, former president of the Mountain States Legal Foundation, was a senior official in President […]
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Washington Post: It is a tale of two photographs, one light and airy, the other kind of, well, dark. On Wednesday, the feature photograph on the Bureau of Land Management’s homepage was an idyllic shot of what appears to be a sunrise over pretty green bluff, witnessed by a pair of backpackers. But seemingly overnight, […]
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By Mead Gruver in the Seattle Times: CHEYENNE, Wyo. (AP) — As more coal companies file for bankruptcy, it’s increasingly likely that taxpayers will be stuck with the very high costs of preventing abandoned mines from becoming environmental disasters. The question is not if, but when, where and how many more coal mines will close […]
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BY Maria Gallucci in International Business Times: At a public hearing in Casper, Wyoming, this week, local coal miners and environmentalists squared off inside a spacious auditorium. Coal supporters slapped on stickers and bracelets reading “Friends of Coal” and hoisted posters saying “Coal = Jobs.” Coal’s critics dubbed themselves “Climate Voters” and passed out pamphlets warning that burning […]
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By Benjamin Storrow in the Casper Star Tribune: The top federal mining regulator expressed “grave concerns” with the country’s coal reclamation program on Wednesday and openly questioned whether states and mining firms were colluding to avoid their cleanup obligations. Joe Pizarchik’s comments represent a notable escalation in the debate over self-bonding, or coal companies’ unsecured […]
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By Devin Henry in The Hill: Miners and Western Republicans are lining up against the Obama administration and environmentalists in what some consider the next front in the “war on coal.” Interior Secretary Sally Jewell announced a three-year moratorium on new coal leases on public lands in January, launching a review that could potentially result in mining companies paying […]
Tom Sanzillo
Appoint a Price-Setting Commission; Ban Exports; Cancel Some Leases; Eliminate Self-Bonding; Mandate Set-Asides for Mine Clean-up and Miner Pensions; Require Twice-a-Year Audits; Assume Smaller Markets
It’s time for the U.S. to modernize how it manages its publicly owned coal reserves. That’s the essence of comments we’ve filed today with the Department of the Interior as it begins a review of its federal coal-leasing program in the Powder River Basin, a program that has been mismanaged for years at taxpayer expense […]
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Panelists From Deutsche Bank, Moody’s, S&P Capital IQ, New York Mayor’s Office, CalSTRS, Massachusetts Attorney General’s Office, Bloomberg New Energy Finance, Norwegian Parliament
COLUMBIA UNIVERSITY, MARCH 14-16; EXPERTS FROM EUROPE, ASIA, AUSTRALIA, AND THE AMERICAS NEW YORK, Feb. 29, 2016 — The Institute for Energy Economics and Financial Analysis (IEEFA) today announced a 2016 conference lineup that includes leading energy finance experts, industry regulators, institutional investors, activists, market analysts and commentators from around the world. The conference, Energy […]
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Patrick Rucker and Valerie Volcovici for Reuters: The Obama administration is due on Friday to announce an overhaul of how the United States manages coal development on federal land, and freeze new coal mining, according to government and conservationist sources, in a further move to confront climate change. Interior Secretary Sally Jewell is expected to […]
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A National Resource of Strategic Importance That Should Be Treated As Such
CLEVELAND, Jan. 15, 2016 (IEEFA) — New Obama administration policies announced today that implement a comprehensive review of the federal coal lease program and a moratorium on federal coal leases are “welcome, long overdue and in the best interest of taxpayers,” said Tom Sanzillo, director of finance for the Institute for Energy Economics and Financial Analysis (IEEFA). “President […]
The Federal Government’s Coal-Leasing Program Is Broken: Here’s How to Fix It
Appoint a Price-Setting Commission; Ban Exports; Cancel Some Leases; Eliminate Self-Bonding; Mandate Set-Asides for Mine Clean-up and Miner Pensions; Require Twice-a-Year Audits; Assume Smaller MarketsIt’s time for the U.S. to modernize how it manages its publicly owned coal reserves. That’s the essence of comments we’ve filed today with the Department of the Interior as it begins a review of its federal coal-leasing program in the Powder River Basin, a program that has been mismanaged for years at taxpayer expense […]