coal mine cleanup insurance News

West Virginia environmental officials say they struck a $300 million-plus deal for mine cleanup with bankrupt coal giant Alpha Natural Resources. The Department of Environmental Protection said the agreement would cover bonding and reclamation at all the company’s active and …

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, …