Author: United States. Congress. House. Committee on Government Operations. Environment, Energy, and Natural Resources Subcommittee
Publisher:
ISBN:
Category : Abandoned mined lands reclamation
Languages : en
Pages : 204
Book Description
Adequacy of Bonds to Ensure Reclamation of Surface Mines
Author: United States. Congress. House. Committee on Government Operations. Environment, Energy, and Natural Resources Subcommittee
Publisher:
ISBN:
Category : Abandoned mined lands reclamation
Languages : en
Pages : 204
Book Description
Publisher:
ISBN:
Category : Abandoned mined lands reclamation
Languages : en
Pages : 204
Book Description
Adequacy of Bonds to Ensure Reclamation of Surface Mines
Author: United States. Congress. House. Committee on Government Operations. Environment, Energy, and Natural Resources Subcommittee
Publisher:
ISBN:
Category : Bonds
Languages : en
Pages : 0
Book Description
Publisher:
ISBN:
Category : Bonds
Languages : en
Pages : 0
Book Description
Natural Resources and Environment
Author: U S Government Accountability Office (G
Publisher: BiblioGov
ISBN: 9781289143732
Category :
Languages : en
Pages : 32
Book Description
GAO discussed the availability and use of reclamation bonds for surface coal mine operators in Kentucky, Ohio, Pennsylvania, and West Virginia. GAO noted that: (1) the number of surety companies providing reclamation bonds decreased from 46 in 1982 to 26 in 1986; (2) operators use surety bonds as the primary financial guarantee, although use of bonds has declined since 1977; (3) state regulatory authorities and mining association representatives expressed concern about operators' ability to obtain surety bonds; (4) operators had to replace about 1,300 bonds worth about $50 million when 6 surety companies became insolvent between 1985 and 1987, and replaced about one-third of those bonds with other bonds; (5) smaller operators had more difficulty in obtaining surety bonds and paid higher collateral rates than larger operators; (6) surety company representatives suggested use of incremental and phased bonding, unilateral bond cancellation, better-defined reclamation requirements, safeguards against unforseen bond increases, and an expedited bond release process to mitigate underwriting problems caused by legislative requirements and the depressed coal market; and (7) the reclamation bond industry has remained relatively profitable since 1980. GAO believes that the relevant federal and state government, surety, mining, and environmental entities will need to work cooperatively to develop more bond sources for responsible operators and ensure timely and successful reclamation.
Publisher: BiblioGov
ISBN: 9781289143732
Category :
Languages : en
Pages : 32
Book Description
GAO discussed the availability and use of reclamation bonds for surface coal mine operators in Kentucky, Ohio, Pennsylvania, and West Virginia. GAO noted that: (1) the number of surety companies providing reclamation bonds decreased from 46 in 1982 to 26 in 1986; (2) operators use surety bonds as the primary financial guarantee, although use of bonds has declined since 1977; (3) state regulatory authorities and mining association representatives expressed concern about operators' ability to obtain surety bonds; (4) operators had to replace about 1,300 bonds worth about $50 million when 6 surety companies became insolvent between 1985 and 1987, and replaced about one-third of those bonds with other bonds; (5) smaller operators had more difficulty in obtaining surety bonds and paid higher collateral rates than larger operators; (6) surety company representatives suggested use of incremental and phased bonding, unilateral bond cancellation, better-defined reclamation requirements, safeguards against unforseen bond increases, and an expedited bond release process to mitigate underwriting problems caused by legislative requirements and the depressed coal market; and (7) the reclamation bond industry has remained relatively profitable since 1980. GAO believes that the relevant federal and state government, surety, mining, and environmental entities will need to work cooperatively to develop more bond sources for responsible operators and ensure timely and successful reclamation.
Surface Coal Mining Operations in Two Oklahoma Counties Raise Questions about Prime Farmland Reclamation and Bond Adequacy
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Strip mining
Languages : en
Pages : 32
Book Description
Publisher:
ISBN:
Category : Strip mining
Languages : en
Pages : 32
Book Description
Mine Reclamation and Bonding
Author: United States. Congress. House. Committee on Interior and Insular Affairs. Subcommittee on Mining and Natural Resources
Publisher:
ISBN:
Category : Coal mines and mining
Languages : en
Pages : 380
Book Description
Publisher:
ISBN:
Category : Coal mines and mining
Languages : en
Pages : 380
Book Description
Permanent Regulatory Program of the Surface Mining Control and Reclamation Act of 1977
Author: United States. Office of Surface Mining Reclamation and Enforcement
Publisher:
ISBN:
Category : Mining law
Languages : en
Pages : 168
Book Description
Publisher:
ISBN:
Category : Mining law
Languages : en
Pages : 168
Book Description
Paradise regained? Surface mining control and reclamation act of 1977
Author: D. Michael Harvey
Publisher:
ISBN:
Category : Strip mining
Languages : en
Pages : 32
Book Description
Publisher:
ISBN:
Category : Strip mining
Languages : en
Pages : 32
Book Description
Handbook for Calculation of Reclamation Bond Amounts
Surface Coal Mining
Author: Anu K. Mittal
Publisher: DIANE Publishing
ISBN: 1437929494
Category : Technology & Engineering
Languages : en
Pages : 68
Book Description
Surface mining for coal in Appalachia has generated opposition because rock and dirt from mountaintops is removed and placed in valleys and streams. The Office of Surface Mining Reclamation and Enforcement (OSM) and states regulate these mines. Mine operators must provide financial assurances to allow mines to be reclaimed. This report examined: (1) the approaches OSM and the states have taken to obtain financial assurances for surface coal mines with valley fills; (2) fed. and state agencies' monitoring of these mines after reclamation and mitigation are complete; and (3) the fed. laws agencies may use, and have used, to address latent environ. problems. The report gathered info. from agencies in KY, TN, VA, and WV. Illus. This is a print on demand report.
Publisher: DIANE Publishing
ISBN: 1437929494
Category : Technology & Engineering
Languages : en
Pages : 68
Book Description
Surface mining for coal in Appalachia has generated opposition because rock and dirt from mountaintops is removed and placed in valleys and streams. The Office of Surface Mining Reclamation and Enforcement (OSM) and states regulate these mines. Mine operators must provide financial assurances to allow mines to be reclaimed. This report examined: (1) the approaches OSM and the states have taken to obtain financial assurances for surface coal mines with valley fills; (2) fed. and state agencies' monitoring of these mines after reclamation and mitigation are complete; and (3) the fed. laws agencies may use, and have used, to address latent environ. problems. The report gathered info. from agencies in KY, TN, VA, and WV. Illus. This is a print on demand report.
Permanent Regulatory Program of the Surface Mining Control and Reclamation Act of 1977
Author: United States. Office of Surface Mining Reclamation and Enforcement
Publisher:
ISBN:
Category : Mining law
Languages : en
Pages : 172
Book Description
Publisher:
ISBN:
Category : Mining law
Languages : en
Pages : 172
Book Description