Skip to content
  • About the Project
  • Meet the Team
  • Partners
Support Us
  • Support Us
  • Inside Energy
  • Inside Energy
  • Home
  • Podcast
  • Audio
  • Video
  • Data
  • Educators
  • IE Questions
  • IE Investigations
    • Energy According To Trump
    • Protesting The Pipeline: Standing Rock And The Dakota Access Pipeline
    • Your Natural Gas Boom Is Leaking
    • Feasting On Fuel
    • Reclamation Blues: The Lingering Legacy Of Fossil Fuels
    • Blackout: Reinventing The Grid
    • Denmark’s Road To Renewables
    • The Future Of Coal
    • The Fallout From Falling Oil Prices
    • The Oilfield Spill Problem
    • Energy And The New Congress
    • Boom 2.0
    • Dark Side Of The Boom
    • The Solar Challenge
    • The Pipeline Network
    • Coal Watch
  • Newsletter
  • Support Us
  • Get To Know Us
    • About the Project
    • Meet the Team
    • Partners

Inside Energy - Bringing energy reporting down to Earth

Inside Energy (https://insideenergy.org/2015/12/09/interior-secretary-says-coal-mine-self-bonding-an-issue/)

  • Home
  • Podcast
  • Audio
  • Video
  • Data
  • Educators
  • IE Questions
  • IE Investigations
    • Energy According To Trump
    • Protesting The Pipeline: Standing Rock And The Dakota Access Pipeline
    • Your Natural Gas Boom Is Leaking
    • Feasting On Fuel
    • Reclamation Blues: The Lingering Legacy Of Fossil Fuels
    • Blackout: Reinventing The Grid
    • Denmark’s Road To Renewables
    • The Future Of Coal
    • The Fallout From Falling Oil Prices
    • The Oilfield Spill Problem
    • Energy And The New Congress
    • Boom 2.0
    • Dark Side Of The Boom
    • The Solar Challenge
    • The Pipeline Network
    • Coal Watch
  • Newsletter
Coal

Interior Secretary Says Coal Mine “Self-Bonding” An Issue

By Stephanie Joyce, Wyoming Public Radio | December 9, 2015
More
  • More on Coal
  • Subscribe to Coal

The Secretary of the Interior called coal mine self-bonding “a big issue” in testimony to a Congressional committee Wednesday.

Coal companies typically have to put up money before they mine, to guarantee cleanup, but self-bonding gives companies a pass if they are deemed financially healthy.

In the hearing, Democratic Representative Debbie Dingell of Michigan said allowing self-bonding treats some coal companies as “too big to fail,” and pointed out that recent bankruptcies undermine that notion. She asked Interior Secretary Sally Jewell if taxpayers will be on the hook for bailing those companies out.

“There is no question that with the increased financial fragility of many coal mining companies, if they are self-bonded, that does potentially leave the states and the taxpayers at risk,” Jewell responded.

She added that the Interior Department is looking into the situation in collaboration with states, but did not provide any specifics.

More than $2 billion of Wyoming’s estimated $3 billion in coal cleanup costs are self-bonded.

More
  • More on Coal
  • Subscribe to Coal

Related Series

Coal Watch

Coverage of the coal industry in transition, both spots and features.

Tags
  • Inside Energy News
  • Coal
  • self-bonding
  • Wyoming

Read Next

  • Stock Exchange Threatens To Delist Arch Coal

    The New York Stock Exchange is threatening to de-list Arch Coal, one of Wyoming’s largest coal companies.

Previous Post
New Bonding Regs For Oil And Gas Leave Environmentalists Unimpressed
Next Post
New Videos Reveal Southern California Methane Leak
Inside Energy is a collaborative journalism initiative of partners across the US and supported by the Corporation for Public Broadcasting
  • Inside Energy
  • About The Project
  • Meet The Team
  • Newsletter
  • Contact Us
  • Terms Of Use

Search This Site

Browse Archives

© Copyright 2023, Inside Energy

Inside Energy is a member of the Institute for Nonprofit News

Built with the Largo WordPress Theme from the Institute for Nonprofit News.

Back to top ↑