The Economics of Coal Leasing on Federal Lands: Ensuring a Fair Return to Taxpayers
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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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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Participants
Jason Furman
Kenneth Gillingham
Michael Greenstone
Adele Morris
James Stock
