"Interior Keeps Slashing Royalty Rates For Coal Companies"

"For the third time in recent months, the Interior Department has lowered a coal company’s royalty fees to encourage it to continue mining publicly owned coal.

Interior’s recent flurry of royalty rate reductions comes in spite of the Biden administration’s effort to take a “whole-of-government approach” to combating human-caused climate change.

In May, the Bureau of Land Management granted royalty relief to Arch Resources Inc. for two of its coal mines on federal land in Colorado and Wyoming (Greenwire, July 28).

The bureau did the same for Deseret Power Electric Cooperative’s Deserado mine in Rangely, Colo., last month, according to records on BLM’s minerals reporting system."

James Marshall reports for E&E News August 25, 2021.