Resuming Federal Coal Leasing and Expediting Pending Mining Applications.
This Act mandates the Secretary of the Interior to swiftly approve pending coal lease applications that have already begun the environmental review process. It effectively terminates the federal moratorium on new coal leases, potentially impacting local job markets in mining regions and national energy policy. The accelerated approval process may raise concerns regarding the thoroughness of environmental impact assessments.
Key points
The federal ban (moratorium) on issuing new coal leases, established in 2016, is terminated and declared to have no force or effect.
The Secretary of the Interior must immediately approve all qualified coal lease applications that were pending and had commenced environmental review.
Requires the rapid finalization of the fair market value for coal tracts and the granting of all necessary additional approvals for mining activities to commence on previously awarded leases.
Status:
Introduced
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