Obama Said to Plan Suspension of New U.S. Coal Leases

  • Interior Department set to announce initiative on Friday
  • Administration effort seeks to combat climate change

Has Obama Killed Off the Coal Industry?

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The Obama administration plans to put a moratorium on new coal development on public land while it conducts a broad study of the environmental effects of the U.S. leasing program, according to two people briefed on the plan.

The Interior Department is slated to announce the initiative Friday morning, said the people, who asked not to be identified because the decision hasn’t been formally announced.