CHEYENNE, Wyo. (AP) – An environmental group is formally questioning Peabody Energy’s ability to fully bond its coal mines in Wyoming and elsewhere in the Rocky Mountain region.
WildEarth Guardians filed a complaint Tuesday with the federal Office of Surface Mining Reclamation and Enforcement.
The group says St. Louis-based Peabody no longer should qualify for self-bonding in Wyoming, Colorado and New Mexico. Bonding helps ensure funding is in place to reclaim mines that close.
Self-bonding allows companies to avoid posting conventional bond in exchange for showing they have sufficient resources to pay for all potential mine reclamation.
Peabody has almost $900 million in self-bonding obligations in Wyoming. A Peabody spokeswoman says states reaffirmed self-bonding last year for all of the company’s self-bonded mines.
An OSMRE spokesman says the federal agency is reviewing the complaint.