NewEnergyNews: TODAY’S STUDY: ANOTHER WAY THE U.S. COAL INDUSTRY’S PROFIT IS THE WORLD’S LOSS

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Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • Weekend Video: Al Franken Explains Climate Science To Secretary Perry
  • Weekend Video: John Oliver On Coal Jobs Absurdishness
  • Weekend Video: Coal King Sues John Oliver For Defamation
  • THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-Al Gore On The Morality Of The Climate Fight
  • FRIDAY WORLD HEADLINE-Solar In Latin America Can Boom
  • FRIDAY WORLD HEADLINE-Scotland Buys Into Kite Wind
  • FRIDAY WORLD HEADLINE-Tesla Eyes The China EV Market
  • THE DAY BEFORE THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, June 22:

  • TTTA Thursday-What Does Exxon’s Carbon Tax Mean?
  • TTTA Thursday-The Rump Flails Factlessly At Wind
  • TTTA Thursday-New Energy To Get Bigger And Cheaper
  • TTTA Thursday-EVs To Be Cost-Competitive By 2025
  • THE DAY BEFORE THAT

  • ORIGINAL REPORTING: The Big Bonus From Plugging Cars In
  • ORIGINAL REPORTING: What About Nuclear?
  • ORIGINAL REPORTING: A Renewables Mandate To Beat The Peak
  • AND THE DAY BEFORE THAT

  • TODAY’S STUDY: Global New Energy Now
  • QUICK NEWS, June 20: What Power Mix Will Beat Climate Change (Part 1)?; What Power Mix Will Beat Climate Change (Part 2)?; New Energy Is NO Threat To U.S, Grid
  • THE LAST DAY UP HERE

  • TODAY’S STUDY: Why The U.S. Needs A Western Energy Market
  • QUICK NEWS, June 19: More Artists Join The Climate Fight; U.S. Power Just Hit 10% Wind And Solar; The Dangers Of Oil And Gas Drilling, Detailed
  • --------------------------

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    Anne B. Butterfield of Daily Camera and Huffington Post, f is an occasional contributor to NewEnergyNews

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    Some of Anne's contributions:

  • Another Tipping Point: US Coal Supply Decline So Real Even West Virginia Concurs (REPORT), November 26, 2013
  • SOLAR FOR ME BUT NOT FOR THEE ~ Xcel's Push to Undermine Rooftop Solar, September 20, 2013
  • NEW BILLS AND NEW BIRDS in Colorado's recent session, May 20, 2013
  • Lies, damned lies and politicians (October 8, 2012)
  • Colorado's Elegant Solution to Fracking (April 23, 2012)
  • Shale Gas: From Geologic Bubble to Economic Bubble (March 15, 2012)
  • Taken for granted no more (February 5, 2012)
  • The Republican clown car circus (January 6, 2012)
  • Twenty-Somethings of Colorado With Skin in the Game (November 22, 2011)
  • Occupy, Xcel, and the Mother of All Cliffs (October 31, 2011)
  • Boulder Can Own Its Power With Distributed Generation (June 7, 2011)
  • The Plunging Cost of Renewables and Boulder's Energy Future (April 19, 2011)
  • Paddling Down the River Denial (January 12, 2011)
  • The Fox (News) That Jumped the Shark (December 16, 2010)
  • Click here for an archive of Butterfield columns

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • TODAY AT NewEnergyNews, June 26:

  • TODAY’S STUDY: Proven – New Energy Is NO Threat To The Power System
  • QUICK NEWS, June 26: What Climate Change Really Means; New Energy Now Bigger Than Nuclear; The Rump Angers Iowa With Ignorant Wind Remarks

    Monday, August 11, 2014

    TODAY’S STUDY: ANOTHER WAY THE U.S. COAL INDUSTRY’S PROFIT IS THE WORLD’S LOSS

    Leasing Coal, Fueling Climate Change; How the federal coal leasing program undermines President Obama’s Climate Plan

    July 2014 (GreenPeace)

    Executive Summary

    The United States’ federal coal leasing program has come under increased scrutiny in recent years, as communities impacted by coal mining and export proposals, taxpayer advocates, and environmental groups have questioned the ability of the Bureau of Land Management (BLM) to ensure a fair return to US taxpayers and adjust to newer challenges such as climate change and coal export proposals. Recent audits from the Interior Department Inspector General (IG) and Government Accountability Office (GAO) both faulted BLM’s inattention to increased coal exports, among other issues. 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. Moreover, neither report addressed a more fundamental question: how can a federal program that increases the supply of coal be reconciled with President Obama’s Climate Action Plan?

    This question is especially important in light of a recent federal court ruling, which blocked plans to expand a coal mine in Colorado because of the failure of the federal coal leasing program to properly consider the federal government’s social cost of carbon figures and climate change impacts. This report focuses on the carbon pollution that has been unlocked by the federal coal leasing program during the Obama administration, and calculates the damages expected from those emissions, using the federal government’s social cost of carbon figures as suggested by the federal court ruling. Without major changes, the federal coal leasing program will continue to undermine federal, state, and international efforts to reduce carbon pollution; the BLM Wyoming office plans to lease over 10 billion tons of coal in the coming years, dwarfing the emissions reductions expected from the Environmental Protection Agency’s Clean Power Plan.

    A summary of our conclusions:

    I. 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.

    II. The carbon pollution from publicly owned coal leased during the Obama administration will cause damages estimated at between $52 billion and $530 billion, using the federal government’s social cost of carbon estimates. In contrast, the total amount of revenue generated from those coal lease sales was $2.3 billion.

    III. 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.

    IV. The federal coal leasing program amounts to a major fossil fuel subsidy, favoring coal at the expense of cleaner methods of generating electricity. A recent federal court ruling rejected BLM’s argument that increasing the supply of coal would not increase carbon pollution, in part because coal competes with cleaner methods of generating electricity. This conclusion is supported by the history of the coal leasing program, an International Monetary Fund report on fossil fuel subsidies, and common sense.

    V. 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. Nevertheless, BLM officials seem either unable or unwilling to adjust the coal leasing program to account for these major shifts in the market.

    VI. Major exports of publicly owned coal would undermine global efforts to reduce carbon pollution. US coal exports have contributed to increased coal consumption in Europe, and partially offset US carbon pollution reductions. Allowing the coal industry to export major amounts of publicly owned coal to Asia would undermine global efforts to address climate change.

    VII. The federal coal leasing program is the source of 40% of US coal extraction, with major impacts on coal markets and carbon pollution. One BLM field office in Wyoming recently proposed a plan that estimates new coal leases amounting to 10.2 billion tons, which would unlock an estimated 16.9 billion metric tons of carbon pollution.

    VIII. A moratorium and comprehensive review of the federal coal leasing program is needed to ensure that it does not continue undermining President Obama’s Climate Action Plan. Interior Secretary Sally Jewell and others in the Obama administration should take the President’s call to climate action seriously, beginning with a moratorium and comprehensive review of the federal coal leasing program, including its role in fueling the climate crisis.

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