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Testimony to the US House Subcommittee on Energy and Mineral Resources: Modernizing Energy Development Laws

RFF Fellow Brian C. Prest testified at a hearing of the Subcommittee on Energy and Mineral Resources regarding policy options for reforms to the federal oil and gas leasing program.

Testimony and Public Comments by Brian Prest — 1 minute read — March 9, 2021

View Testimony and Public Comments

Watch the Hearing

Click here to watch the recorded hearing and listen to Dr. Prest's testimony, which was broadcast at 12 EST on March 9, 2021.

Key Moments

  • 1:00:08—Dr. Prest delivers his oral testimony.
  • 1:10:23—Dr. Prest discusses his September 2020 working paper and the impacts of a permanent leasing moratorium.
  • 1:22:41—Dr. Prest answers a question regarding leasing restrictions and their impacts on short-term oil production.
  • 1:52:21—Dr. Prest describes a carbon adder and lays out the related emissions and revenue-based benefits.

Written Testimony

To read Dr. Prest's full written testimony with citations, please click "View Testimony and Public Comments" above.

Topics

Authors

Brian C. Prest

Fellow; Director, Social Cost of Carbon Initiative

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