Environmental News: Media Center

Press contact: Elizabeth Heyd, 202-289-2424, eheyd@nrdc.org
If you are not a member of the press, please write to us at nrdcinfo@nrdc.org or see our contact page
Government Watchdog Reveals Taxpayers “Shockingly” Shortchanged in Federal Coal Sales

WASHINGTON (February 4, 2014) – The following is a statement by Theo Spencer, senior advocate in the Natural Resources Defense Council’s Climate Center, on a new Government Accountability Office report showing major mishandling of federal sales of taxpayer coal on public land to private companies.

“The government’s chief watchdog makes this clear: Taxpayers are getting shockingly short-changed. The GAO report exposes how the Department of Interior doesn’t follow basic business principles or due diligence when selling billions of tons of taxpayer-owned coal. Given that an earlier federal report showed that when a ton of coal is undervalued by even a penny taxpayers lose out on $3 million, taxpayers’ losses in coal leases are substantial. With billions of tons of federal coal in line for lease to big coal companies, Interior needs to push the pause button on any further sales until this deeply flawed program is fixed.”

The GAO report released today, Coal Leasing: BLM Could Enhance Appraisal Process, More Explicitly Consider Coal Exports, and Provide More Public Information, is here: http://www.gao.gov/products/GAO-14-140

The Natural Resources Defense Council (NRDC) is an international nonprofit environmental organization with more than 2 million members and online activists. Since 1970, our lawyers, scientists, and other environmental specialists have worked to protect the world's natural resources, public health, and the environment. NRDC has offices in New York City, Washington, D.C., Los Angeles, San Francisco, Chicago, Bozeman, MT, and Beijing. Visit us at www.nrdc.org and follow us on Twitter @NRDC.

Get Updates and Alerts

See the latest issue >

NRDC Gets Top Ratings from the Charity Watchdogs

Charity Navigator awards NRDC its 4-star top rating.
Worth magazine named NRDC one of America's 100 best charities.
NRDC meets the highest standards of the Wise Giving Alliance of the Better Business Bureau.

Donate now >

Share | |