A Retrospective Analysis of the Costs, Impacts, and Benefits of the DOE Coal RD&D Program
Roger H. Bezdek, Ph.D.
President, Management Information Services, Inc (MISI)
14, 2020 ~ 2:00 – 3:00 pm Eastern Time
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.
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: