abandoned mine clean-up costs News

EPA Won’t Require Mining Firms to Prove Cleanup Costs

The U.S. Environmental Protection Agency said last Friday it would not act on a proposal to require hardrock mining companies to show they can afford to clean up their sites. “EPA is confident that modern industry practices, along with existing …

Patriot Coal Reaches Mine Site Clean-Up Deal with West Virginia

Patriot Coal and West Virginia environmental regulators have reached an agreement in which the company will set aside more than $50 million to cover cleanup costs at its former mine sites in the state. The Department of Environmental Protection says …

Lawmakers Vow to Review Abandoned Mine Insurance Program

Lawmakers will examine whether a program that allows coal companies to forgo mine cleanup insurance could leave taxpayers with billion dollar costs, leading members of the U.S. House Committee on Natural Resources said on Wednesday. The coal sector is responsible …

U.S. Regulators Scrutinizing Coal Mines’ Clean-Up Insurance Program

Coal giant Peabody Energy has been among the harshest critics of federal energy policies, joining a court challenge to the Obama administration’s new clean air regulations and denouncing its promotion of renewable fuels. But there is one government program that …