For the first time, nobody has bid on a tract of federal coal offered for sale in Wyoming. The U.S. Bureau of Land Management held a coal lease sale in Cheyenne on Wednesday but had no bids to open. No bids were submitted. BLM officials say that's never happened before in Wyoming, the top coal-producing state. Up for sale was 149 million tons of coal reserves next to Cloud Peak Energy's Cordero Rojo mine. The surface mine is the third-biggest U.S. coal mine after two others in the Powder River Basin. Gillette-based Cloud Peak initially had sought to bid but in a release said it determined that much of the coal couldn't be mined profitably. Environmental group WildEarth Guardians calls the no-sale "a victory for the climate and clean energy."
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