coal News

Montana Requires $285M Cleanup Bond from Coal Company

Montana environmental regulators have forced the owners of a power plant to provide a $285 million cleanup bond, a move some local organizations hailed as a victory for conservation. But Talen Energy, the owner of the Colstrip Power Plant, filed …

Peabody Reaches Coal Mine Cleanup Deal with 3 U.S. States

Peabody Energy Corp., the largest U.S. coal producer, reached a deal to cover mine clean-up liabilities while in bankruptcy with three U.S. states, court documents showed on Tuesday. Peabody has benefited from a federal program known as self-bonding that allows …

Icebergs, Insurance Hamper Top of the World Shipping Route

The new shipping route opened up through the Arctic by climate change will not be crowded any time soon. Cargoes of coal, diesel and gas have made the trip but high insurance costs, slow going and strict environmental rules mean …