New Coal Lease in Colorado Issued

by | Apr 25, 2020

The Bureau of Land Management held a competitive coal lease sale for the Dunn Ranch Coal Tract in Colorado, estimated to contain 9.54 million tons of recoverable coal. Only one firm submitted a bid: Tijeras, New Mexico-based GCC Energy, LLC., which bid $3.4 million, or roughly $0.36 per ton. According to an April 7 report by the U.S. Energy Information Agency, coal’s share of electricity generation nationwide has steadily dropped for several years, from 40% in 2014 to 24% in 2019, and is projected to be about 20% in 2020. Status: Sale announced April 10, 2020, not finalized pending internal review.

Website | + posts

Amy Westervelt is the editor-in-chief of Drilled News, creator and host of the Drilled podcast, and founder of the Critical Frequency podcast network, named AdWeek's Podcast Network of the Year in 2019. An award-winning print and audio journalist, Amy has contributed to The Guardian, The Wall Street Journal, and The Washington Post, as well as KQED, The California Report, Capital Public Radio, and many other outlets. She is the 2015 winner of the Rachel Carson award for "women greening journalism," and a 2016 winner of an Edward R. Murrow award for her series on the impacts of the Tesla Gigafactory in Nevada. In 2019, the Drilled podcast won the Online News Association's "Excellence in Audio Storytelling" award.

+ posts

Emily J. Gertz is senior editor of Drilled News. A longtime environmental reporter and editor, her work has appeared in HuffPost, Reveal, Arctic Today, The Guardian, Popular Science, Scientific American, Sierra, and more.