| Create a Free Account or Sign In to connect and share in green living and alternative energy forum discussions. |
0
Follow The Money: Fossil Fuel Cleanup Costs
Views: 510
Jun 10 2015 07:10 PM | eds in Non-Renewable
$3 1/2 billion threat to taxpayers is emerging,
. . . in the form of self-insured coal companies,
. . . potentially walking away from reclamation obligations,
. . . leaving the public holding the bag on costs,
. . . for restoring large swaths of Western lands scarred by mining.
Once a formidable force, the coal industry now faces:
. . . . . . bond market downgrades,
. . . . . . global divestment movement amid low market prices,
. . . . . . multi-million-dollar tab to upgrade aging power plants,
. . . . . . price competition from natural gas, and
. . . . . . renewable energy.
06-10-2015 Source: Follow the Money: Fossil Fuel Cleanup costs
. . . in the form of self-insured coal companies,
. . . potentially walking away from reclamation obligations,
. . . leaving the public holding the bag on costs,
. . . for restoring large swaths of Western lands scarred by mining.
Once a formidable force, the coal industry now faces:
. . . . . . bond market downgrades,
. . . . . . global divestment movement amid low market prices,
. . . . . . multi-million-dollar tab to upgrade aging power plants,
. . . . . . price competition from natural gas, and
. . . . . . renewable energy.
06-10-2015 Source: Follow the Money: Fossil Fuel Cleanup costs
