Past Seminar

The Economics of Coal Leasing on Federal Lands: Ensuring a Fair Return to Taxpayers

Jun 22, 2016 Resources for the Future, 1616 P St. NW, Washington, DC, 20036 Video

About the Event

In 2015, the Bureau of Land Management’s federal coal leasing program accounted for nearly 40 percent of coal production in the United States and supplied some of the lowest-cost coal available. The program has been widely critiqued in recent years for providing a poor return to taxpayers and failing to adequately address the environmental costs of coal extraction and processing. At this RFF seminar, Jason Furman, chairman of the White House Council of Economic Advisers (CEA), unveiled a new CEA report that examines the economic principles underlying the program, discusses the case for reform, and provides quantitative estimates of the effects of such changes. Furman's remarks were followed by an expert panel discussion on reforming the federal coal leasing program.

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Speakers

  • Jason Furman, Chairman, White House Council of Economic Advisers
  • Kenneth Gillingham, Senior Economist, White House Council of Economic Advisers
  • Michael Greenstone, Milton Friedman Professor in Economics and the College; and Director of the Energy Policy Institute at Chicago, University of Chicago
  • Alan J. Krupnick, Senior Fellow, Resources for the Future
  • Adele Morris, Senior Fellow and Policy Director, Climate and Energy Economics Project, Brookings Institution
  • James Stock, Harold Hitchings Burbank Professor of Political Economy, Faculty of Arts and Sciences, and faculty member, Harvard Kennedy School