skip to main content
skip to newscasts

Thursday, April 18, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

A new study shows health disparities cost Texas billions of dollars; Senate rejects impeachment articles against Mayorkas, ending trial against Cabinet secretary; Iowa cuts historical rural school groups.

view newscast page
play newscast audioPlay

The Senate dismisses the Mayorkas impeachment. Maryland Lawmakers fail to increase voting access. Texas Democrats call for better Black maternal health. And polling confirms strong support for access to reproductive care, including abortion.

view newscast page
play newscast audioPlay

Rural Wyoming needs more vocational teachers to sustain its workforce pipeline, Ohio environmental advocates fear harm from a proposal to open 40-thousand forest acres to fracking and rural communities build bike trail systems to promote nature, boost the economy.

Expert: Changing Coal Markets Shortchange Montana

play audio
Play

Tuesday, August 20, 2013   

BILLINGS, Mont. - Nearly 5 billion tons of federal coal is in some phase of leasing or sale in the Powder River Basin, with much of it being offered to export markets. It could be a golden opportunity for Montana to beef up revenues, but according to a coal market expert speaking today in Billings, federal leasing programs are in need of updates. Tom Sanzillo, director of finance for the Institute for Energy Economics and Financial Analysis, wrote a report detailing how the program has missed out on up to $30 billion for taxpayers over the years, and half of that would have gone to states and local governments.

His report covers "the changes going on in the coal market right now, and how the federal program which manages the coal in Montana and Wyoming is essentially shortchanging Montana and Wyoming," Sanzillo declared.

Sanzillo said export income is exempted from the calculation for royalties, and he calls that a "bad idea" as more and more coal is exported. He said royalty calculations could be easily updated to reflect market conditions. He also accused the U.S. of selling coal below fair market value, and federal law requires fair market valuations.

"Enforce the laws for the benefit of the United States taxpayer," he urged. "Right now, the laws are enforced more for the benefit of the coal producers."

Sanzillo is speaking tonight at the Home on the Range, and addressing lawmakers at the Capitol in Helena at 2 p.m. Wednesday. He'll be joined by Professor Mark Squillace, director of the Natural Resources Law Center at the University of Colorado Law School.

Sanzillo and Squillace speak at 5:30 p.m. today, Home on the Range, 220 S. 27th, Billings. They speak with lawmakers Wednesday in Room 152 at the Capitol in Helena. Sanzillo's report is at WORC.org.


get more stories like this via email

more stories
Environmental advocates are asking California's next state budget to prioritize climate mitigation and cut tax breaks for fossil fuel companies. (The Climate Center)

Environment

play sound

As state budget negotiations continue, groups fighting climate change are asking California lawmakers to cut subsidies for oil and gas companies …


Health and Wellness

play sound

Health disparities in Texas are not only making some people sick, but affecting the state's economy. A new study shows Texas is losing $7 billion a …

Environment

play sound

City and county governments are feeling the pinch of rising operating costs but in Wisconsin, federal incentives are driving a range of local …


Each year since 2018, there have been more than 1 million online ads for guns which could be sold without a background check. (Adobe Stock)

Social Issues

play sound

Well over three-fourths of Americans support universal background checks for gun purchases, but federal law allows unlicensed people to sell guns at …

Social Issues

play sound

Last year's Medicaid expansion in South Dakota increased eligibility to another 51,000 adults but a new report showed among people across the state wh…

Senate Bill 2019, sponsored by Rep. Shane Reeves, R-Bedford, is expected to be signed by the governor. It would take effect July 1, 2024. (18percentgrey/Adobe Stock)

Health and Wellness

play sound

There is light at the end of the tunnel for Tennesseans struggling with opioid addiction, as a bill has been passed to increase access to treatment …

Environment

play sound

The New York HEAT Act might not make the final budget. The bill reduces the state's reliance on natural gas and cuts ratepayer costs by eliminating …

Social Issues

play sound

Washington joins a handful of states to do away with mandatory meetings for employees on political or religious matters. Sometimes known as captive …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021