Reconsidering Coal’s Fair Market Value

The federal coal leasing program is failing to provide taxpayers with the fair market value of coal extracted from public lands, resulting in losses of up to $1 billion annually. This is attributed to coal companies exploiting loopholes, uncompetitive bidding practices, and fiscal terms that ignore coal's export value and the environmental externalities associated with its production.

• The federal coal leasing program does not meet legal requirements to ensure taxpayers receive fair market value for coal from public lands, with coal companies using loopholes to avoid royalties, leading to annual taxpayer losses of up to $1 billion.
• Current fiscal policies are outdated and fail to address uncompetitive bidding or the value of coal intended for export.
• The Department of the Interior's fiscal terms do not incorporate the option values or environmental externalities of coal production, which result in uncompensated costs for the public.

APA

Howard, J. F. H. A. P. (2015). Reconsidering Coal’s Fair Market Value. Institute for Policy Integrity. https://policyintegrity.org/publications/detail/reconsidering-coals-fair-market-value

Chicago

Howard, Jayni Foley Hein and Peter. Reconsidering Coal’s Fair Market Value. Institute for Policy Integrity, 2015. https://policyintegrity.org/publications/detail/reconsidering-coals-fair-market-value.

Wikipedia

{{cite report |last1=Howard |first1=Jayni Foley Hein and Peter |title=Reconsidering Coal’s Fair Market Value |publisher=Institute for Policy Integrity |date=5 October 2015 |url=https://policyintegrity.org/publications/detail/reconsidering-coals-fair-market-value |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{howard2015reconsidering, author = {Howard, Jayni Foley Hein and Peter}, title = {{Reconsidering Coal’s Fair Market Value}}, institution = {Institute for Policy Integrity}, year = {2015}, month = oct, url = {https://policyintegrity.org/publications/detail/reconsidering-coals-fair-market-value}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }