bankruptcy
Judge Gives Peabody Permission To Pay Overdue Taxes
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A federal bankruptcy court judge gave Peabody Energy the go-ahead to pay nearly $30 million in property taxes in four states while the company makes its way through bankruptcy.
Inside Energy (https://insideenergy.org/tag/peabody/)
A federal bankruptcy court judge gave Peabody Energy the go-ahead to pay nearly $30 million in property taxes in four states while the company makes its way through bankruptcy.
With three of the four largest American coal companies in bankruptcy, a federal regulator gave a blunt assessment Wednesday of potential problems with future coal mine clean up. The Office of Surface Mining, Reclamation, and Enforcement (OSMRE) is asking for public comment on a petition calling for strengthened regulations on coal mine reclamation.
The coal industry’s slide continues as one of the nation’s largest producers reported a loss of over $2 billion in 2015.