DOI Advises States To Halt Coal Self-Bonding Practices

Law360, New York (August 10, 2016, 6:47 PM EDT) -- The U.S. Department of the Interior said Tuesday that state regulators should not allow coal companies to self-bond for pollution cleanup costs because of the currently weak market for the fossil fuel.

In a policy advisory, the Office of Surface Mining Reclamation and Enforcement said major coal companies are experiencing financial difficulties that may affect their ability to carry out their obligations for reclamation of the lands disturbed by their surface mining operations.

“Lack of global demand for coal, competition from low-cost shale gas and the...
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