Author: GENERAL ACCOUNTING OFFICE WASHINGTON DC ENERGY AND MINERALS DIV.

Publisher:

Published: 1981

Total Pages: 68

ISBN-13:

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Lease exchanges increasingly have been considered by both the Congress and the Department of the Interior as a way of redirecting coal or other resource development to more desirable areas on public lands. This report, a followup of an earlier GAO report to Interior, illustrates how Interior handled its evaluation of a proposed exchange of coal lands, specifically authorized by the Congress, involving the Utah Power and Light Company. The present administration recently rejected the exchange; however, Interior's previous 2-year effort in evaluating the proposal provides many important lessons and identifies some key issues that must be resolved in handling any future exchanges, including the need to -- first validate the basis and appropriateness for any exchange, -- ensure the availability of sufficient data to determine 'equal value, ' -- consider potential competitive leasing interest in the exchange lands, and -- develop better procedures generally to manage the exchange. (Author).

Download or read book How Interior Should Handle Congressionally Authorized Federal Coal Lease Exchanges written by GENERAL ACCOUNTING OFFICE WASHINGTON DC ENERGY AND MINERALS DIV. and published by . This book was released on 1981 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lease exchanges increasingly have been considered by both the Congress and the Department of the Interior as a way of redirecting coal or other resource development to more desirable areas on public lands. This report, a followup of an earlier GAO report to Interior, illustrates how Interior handled its evaluation of a proposed exchange of coal lands, specifically authorized by the Congress, involving the Utah Power and Light Company. The present administration recently rejected the exchange; however, Interior's previous 2-year effort in evaluating the proposal provides many important lessons and identifies some key issues that must be resolved in handling any future exchanges, including the need to -- first validate the basis and appropriateness for any exchange, -- ensure the availability of sufficient data to determine 'equal value, ' -- consider potential competitive leasing interest in the exchange lands, and -- develop better procedures generally to manage the exchange. (Author).