Peabody Energy News

U.S. Court Approves Clean-Up Deals, Executive Bonuses for Peabody

Bankrupt coal company Peabody Energy has won U.S. court approval for agreements with three states to partially cover $1.14 billion in potential environmental liabilities and for a bonus plan for its six top executives. Under the agreements, Wyoming can receive …

Midwest Group Challenges Peabody Energy’s Plan to Self-Bond Mines

A Midwestern environmental group has followed through on its promise to formally challenge Peabody Energy’s ability to guarantee it has enough money for future cleanup of its Illinois and Indiana coal mines. The Environmental Law and Policy Center in Chicago …

More Firms Could Feel Heat from New York AG’s Climate Change Disclosure Win

The New York state attorney general’s office, which told Peabody Energy this week to give investors more details about how its sales would suffer from measures to curb global warming, is now mulling whether the tactic it used with the …

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 …