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Toward Rationality in Oil and Gas Leasing

Building the Toolkit for Programmatic Reforms

Leasing public lands and waters for fossil-fuel extraction drives a quarter of U.S. carbon dioxide emissions. The federal leasing program will need to be reformed if the U.S. is to reach net-zero emissions by 2050. Our new report charts how analysis for planning and leasing decisions can be improved by more accurately predicting emissions impacts, considering the value of delay, and assessing the distribution of impacts. These analytic tools can drive policies that maximize economic and environmental welfare—nationally and locally.