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To: Prophet2520

Coal (or rather coal users) PAY FOR THEIR SUBSIDIES:

http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0CB4QFjAA&url=http%3A%2F%2Ffas.org%2Fsgp%2Fcrs%2Fmisc%2FR43011.pdf&ei=vVprVKmuLIukNueHhPgK&usg=AFQjCNH_EcpdO8lIV7GSeezHUgArLzSYJA&bvm=bv.79908130,d.eXY
“Coal Lease Terms BLM-issued coal leases are for initial terms of 20 years, with automatic extension “for so long thereafter as coal is produced annually in commercial quantities from that lease.” In addition to rental payments of not less than $3 per acre, lessees are required to make payment to the government of a royalty of at least 12.5% in amount or value of coal that is recovered from leased land that is surfaced mined. The federal rate for underground coal mining is 8%. All leases are subject to the condition of diligent development and continued operation.31 Lessees must also furnish bonds sufficient to ensure compliance with the terms and conditions of the lease.32
Coal Revenues (Federal and State) Historically, federal coal production has generated significant revenues for the federal government and the states in which it is produced. States receive 50% of revenues generated in their state (minus administrative costs of 2%). Total revenues have grown rapidly since the 1990s, reflecting higher coal values and volumes. For instance, royalty revenue generated from federal coal leases doubled from 1983 to 1986, then doubled again by 1990, reaching $236 million. Revenue continued to rise, reaching $434 million in 2002 and $774.1 million in 2011. The states’ share in 2011 was $387.2 million, with Wyoming receiving $319.6 million or 82% of the total disbursed to the states. Revenues from federal coal leases reached an all-time high in 2009 at $780.4 million, providing states with revenues of $348.6 million. Wyoming has been the dominant coal producer on federal lands, receiving the majority of federal coal revenues disbursed to the states.33 “


39 posted on 11/18/2014 6:47:53 AM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
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To: mrsmith

“Coal (or rather coal users) PAY FOR THEIR SUBSIDIES:”

HA HA HA yeah in taxes

http://www.sourcewatch.org/index.php?title=Federal_coal_subsidies
http://en.wikipedia.org/wiki/Energy_subsidies
http://priceofoil.org/fossil-fuel-subsidies/
http://thinkprogress.org/climate/2012/04/13/463874/top-three-ways-that-american-taxpayers-subsidize-dirty-coal-development/


42 posted on 11/18/2014 7:03:35 AM PST by Prophet2520
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