SAVE THE DATE
Coal Q & A
A Retrospective Analysis of the Costs, Impacts, and Benefits of the U.S. Department of Energy Coal RD&D Program
Dr. Roger Bezdek, President,
Management Information Services, Inc.
Wednesday, October 14, 2020 ~ 2:00 pm - 3:00 pm EST
In an informative new report for the U.S. Department of Energy (DOE), the costs, benefits, and impacts of DOE’s coal research, development, and deployment (RD&D) are examined over the period from 1976 through 2019. DOE’s coal RD&D budgets and technology focus over time are reviewed, and the benefits and impacts versus expenditures assessed.
The report concludes that through 2019, the program benefits of $237 billion far exceeded the costs of $28.6 billion. This implies a B-C ratio of over 8-to-1, much higher than a typically-desirable level of 2 or 3. Moreover, the job creation numbers from 2000 through 2019 totaled an impressive 1.6 million, or about 78,600 jobs per year.
The report’s findings have important implications today as we look to the future of coal, and they can inform and educate the industry, elected officials, policymakers, and other stakeholders.
Join us as Dr. Bezdek of MISI breaks down the report and addresses how the economic and jobs benefits illustrated in the report can be used to:
- Impact future coal RD&D funding levels
- Influence coal technology focus
- Drive significant future coal-related job creation
- Shape coal policy
Register Today: https://na.eventscloud.com/566483
There is no charge for members of the American Coal Council, but pre-registration is required.
Non-members may register for a fee of $50.
Management Information Services, Inc. is an internationally recognized, Washington, D.C.-based economic research and management consulting firm with expertise in economic forecasting, litigation support and expert witness testimony, analysis of energy, environmental and electric utility issues, and labor markets.
The American Coal Council’s Coal Q&A Program provides a forum to address critical issues affecting the U.S. coal industry ~ including coal producers, consumers and transporters. Each program begins with a topic briefing by a leading industry analyst or representative, followed by a Q&A session.