coal

Energy
10:30 am
Tue August 27, 2013

Is the federal government undervaluing coal leases?

Credit oatsy40/flickr

The Department of Interior has recently published a report citing some flaws in how the federal government manages coal leases. The June report from the Office of Inspector says the government is at risk of not getting the full value for the coal it sells.

A nonprofit environmental group, The Northern Plains Resource Council, believes this is especially true for coal in Montana and Wyoming’s Powder River Basin. The group thinks the federal government should be getting a lot more money for that coal.

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Montana Coal
4:03 pm
Tue July 30, 2013

To export coal, or not to export coal

Coal development generates money in Montana. Executive Director of the Montana Coal Council Bud Clinch said an average train carrying coal has about 120 cars, and represents about $30,000 of local, state, and federal taxes being paid.

He said Coal is worth continuing to invest in, it’s what Montana has, and the demand for it is not going away.

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