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Significados de future cleanup em inglês
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Uso de future cleanup em inglês
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New Mexico may demand a surety bond to guarantee roughly $360 million in futurecleanup work.
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Taken together, Arch and Alpha have left roughly $900 million in futurecleanup costs through self-bonding in Wyoming.
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Coal companies are responsible for spent mines and they typically use cash, bonds or other financing to cover futurecleanup costs.
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Last week, Illinois told the Interior Department it would allow Peabody Energy Corp to continue to self bond about $100 million in futurecleanup costs.
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Of the roughly $2 billion in futurecleanup costs facing Peabody Energy Corp, $1.47 billion of that is self-bonded and has no concrete backing.
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Wyoming reached a similar deal with Alpha Natural Resources with $61 million promised to cover $411 million in futurecleanup now covered by self bonds.
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State and federal regulations normally require drillers to pay an up-front bond to cover futurecleanups if they go belly-up.