The US halts leasing in its largest coal-producing area and tightens rules.
COAL & MINING

The US halts leasing in its largest coal-producing area and tightens rules.

The nation's largest coal-producing region, the Powder River Basin, saw its coal leases terminated by President Joe Biden's administration, a move that was praised by environmentalists and denounced by the mining industry. It occurs as the second-biggest economy in the world continues to move away from coal, the fossil fuel with the highest carbon footprint. Since 2017, coal's output has decreased by more than 25% as it battles to compete with renewable energy and natural gas, which is more affordable. In addition, Biden has imposed strict new regulations on coal-fired power facilities, mandating that they either completely close down or use carbon capture technology to virtually completely remove their carbon dioxide emissions by the 2030s. A technical statement from the Bureau of Land Management (BLM) clarified that the decision will not impact existing coal leases in the region, covering southeast Montana and northeast Wyoming. Rich Nolan, president and CEO of the National Mining Association, criticised the plan, labelling it "outrageous" and warning of its detrimental effects on American energy security, affordability, and mining states and communities. However, green groups celebrated the move. Drew Caputo from Earthjustice described it as "a monumental decision" that will save lives, protect the environment, and significantly reduce carbon emissions in the United States. Caputo emphasised that conservation groups have long argued against leasing public lands to coal companies without considering the impacts on public health through litigation efforts. In November, Democratic incumbent Joe Biden will face off against Republican contender Donald Trump in a tight reelection, and progressive and millennial voters are expected to be particularly motivated by climate action. A win for Trump, who denies climate change, would virtually guarantee a complete reversal of green regulations, from lifting the ban on new imports of liquefied natural gas licenses to lifting the ban on drilling in Alaska's Arctic.

The nation's largest coal-producing region, the Powder River Basin, saw its coal leases terminated by President Joe Biden's administration, a move that was praised by environmentalists and denounced by the mining industry. It occurs as the second-biggest economy in the world continues to move away from coal, the fossil fuel with the highest carbon footprint. Since 2017, coal's output has decreased by more than 25% as it battles to compete with renewable energy and natural gas, which is more affordable. In addition, Biden has imposed strict new regulations on coal-fired power facilities, mandating that they either completely close down or use carbon capture technology to virtually completely remove their carbon dioxide emissions by the 2030s. A technical statement from the Bureau of Land Management (BLM) clarified that the decision will not impact existing coal leases in the region, covering southeast Montana and northeast Wyoming. Rich Nolan, president and CEO of the National Mining Association, criticised the plan, labelling it outrageous and warning of its detrimental effects on American energy security, affordability, and mining states and communities. However, green groups celebrated the move. Drew Caputo from Earthjustice described it as a monumental decision that will save lives, protect the environment, and significantly reduce carbon emissions in the United States. Caputo emphasised that conservation groups have long argued against leasing public lands to coal companies without considering the impacts on public health through litigation efforts. In November, Democratic incumbent Joe Biden will face off against Republican contender Donald Trump in a tight reelection, and progressive and millennial voters are expected to be particularly motivated by climate action. A win for Trump, who denies climate change, would virtually guarantee a complete reversal of green regulations, from lifting the ban on new imports of liquefied natural gas licenses to lifting the ban on drilling in Alaska's Arctic.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code