A leading U.S. coal regulator announced plans on Tuesday to toughen what it called “out-of-date” rules for guaranteeing mine cleanups. The Office of Surface Mining and Reclamation Enforcement said it would start working with U.S. state regulators to modify rules …
The U.S. government agreed to a mine clean-up deal that allows coal producer Alpha Natural Resources to exit bankruptcy, despite concerns that Alpha will be unable to fund $400 million in commitments, a government lawyer told a court on Thursday. …
The United States is considering whether to reign in a subsidy on coal mine cleanup costs and in so doing shield taxpayers from those liabilities, a leading regulator for the mining industry said on Wednesday. The program, known as self-bonding, …
Federal auditors should examine a program that has allowed leading coal companies to lower cleanup insurance costs and could leave taxpayers on the hook if the miners declare bankruptcy, Democratic lawmakers said on Tuesday. Coal companies are responsible for spent …
The ailing coal industry must face the costs of cleaning up spent mines even as companies get pushed toward bankruptcy, the U.S. Interior Secretary said this week. The mining industry is responsible for restoring old mine sites but a taxpayer …
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 …
