Subject: New York Times Op-Ed
From: David Hayes <[email-masked]>
To: Neera Tanden <[email-masked]>, Carmel Martin <[email-masked]>, Matt Lee-Ashley <[email-masked]>, Greg Dotson <[email-masked]>, John Podesta <[email-masked]>, [email-masked]
Date: Mon, 23 Mar 2015 20:57:20 -0700

The NYTimes is running an op-ed tomorrow morning that Jim Stock and I
wrote.  It argues for a royalty increase in federal coal to account for
climate impacts.  I hope and expect that it will trigger a robust
discussion on the relationship between the development of fossil fuels on
public lands and climate change.  And it points out a significant way in
which the Administration can use current authority to impose a carbon "tax"
of sorts on coal.

Our argument is right in line with the coal reform work that Matt and his
crew have been pushing. It goes a bit further, however, in arguing for
imposition of a "carbon adder" on coal royalties -- a concept that Jim
Stock and I had discussed when we were both in the Administration.

The piece is entitled: "The Real Costs of Coal" with the subtitle:
 "Taxpayers should be compensated for the climate impacts."

A copy of the op-ed is attached, in its pre-publication format.

David

P.S.  I pushed hard for the Times to include a reference to my CAP
affiliation, but at the last minute the editors severely shortened up the
bio references for both Jim and me, due to space considerations.  The Times
is linking my name to the bio that is on my Stanford website, and it
includes a prominent mention of my status as a Visiting Senior Fellow at
CAP.

-- 

*David J. Hayes*

*Stanford Law School*
Distinguished Visiting Lecturer in Law

Crown Quadrangle

559 Nathan Abbott Way

Stanford, CA 94305-8610

[email-masked] <[email-masked]>*

twitter:  @djhayes01

office:  650-723-7778

cell:  202-258-3909

personal email:  [email-masked]