comments-on-proposed-offshore-leasing-program-for-2017-2022
Summary
The Institute for Policy Integrity recommends that the agency expand its use of 'option value'—the value of delaying leasing to resolve uncertainties—and incorporate downstream greenhouse gas emissions into its decision-making process for the 2017-2022 offshore leasing program.
Key insights
- The Institute for Policy Integrity advocates for the increased application of 'option value' in agency decisions, which refers to the informational benefit of postponing leasing until environmental, social, and technological uncertainties are better understood.
- The organization recommends that future leasing decisions incorporate the consideration of downstream greenhouse gas emissions.
- The proposed program has begun to qualitatively assess option value and include environmental and social costs within its 'hurdle price' analysis used to determine lease offerings.
Cite the original document
- APA
- Institute for Policy Integrity (2016). comments-on-proposed-offshore-leasing-program-for-2017-2022. https://policyintegrity.org/projects/update/comments-on-proposed-offshore-leasing-program-for-2017-2022
- Chicago
- Institute for Policy Integrity. comments-on-proposed-offshore-leasing-program-for-2017-2022. 2016. https://policyintegrity.org/projects/update/comments-on-proposed-offshore-leasing-program-for-2017-2022.
- Wikipedia
- {{cite press release |author=Institute for Policy Integrity |title=comments-on-proposed-offshore-leasing-program-for-2017-2022 |date=16 June 2016 |url=https://policyintegrity.org/projects/update/comments-on-proposed-offshore-leasing-program-for-2017-2022 |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{instituteforpolicyintegrity2016commentsonproposedoffshoreleasingprogramfor20172022, author = {{Institute for Policy Integrity}}, title = {{comments-on-proposed-offshore-leasing-program-for-2017-2022}}, publisher = {Institute for Policy Integrity}, year = {2016}, month = jun, url = {https://policyintegrity.org/projects/update/comments-on-proposed-offshore-leasing-program-for-2017-2022}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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