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Surface land owner vs. the mineral rights owner: an economic analysis of the Eastern Kentucky problem

Journal Article · · J. Energy Dev.; (United States)
OSTI ID:5239249
The joint production model is applied to surface mining on land with mineral and surface rights owned separately. The legal and economic positions of separate owners of Eastern Kentucky coal fields are analyzed in terms of the effects on income redistribution and the effects of reclamation and prior-consent requirements. Although Kentucky's severed-estate deeds are unique, western coal development will introduce many of the same constraints and confrontations. The measurement of income loss to surface owners is concluded to be imprecise, making it difficult to price land disturbance to achieve the best economic efficiency. (DCK)
Research Organization:
Northwestern Univ., Evanston, IL
OSTI ID:
5239249
Journal Information:
J. Energy Dev.; (United States), Journal Name: J. Energy Dev.; (United States) Vol. 3:1; ISSN JENDD
Country of Publication:
United States
Language:
English