For years, coal mines have been providing energy for the country. Once the mining is done, companies are supposed to reestablish it. But it seems like there is not enough funds to fulfill the promises.
Reestablishing a coal mine is a wide and expensive process. For that there is something called sel
f-bonding which is an assurance for the mining companies which is based on their financial status. Normally a company goes through a financial analysis to qualify for the self-bonding. Some companies get the self-bonding but before the restoration they file for bankruptcy which gives birth to the question of who will pay for the clean-up. Authorities are still trying to get a clear picture of this.
Researchers say that companies are scared to put the real money because of the additional expenses which could put their business out and therefore they put a stop on mining and restoration. It is a difficult case full of lawyers and press releases.
People have acquired land from Coal Company for agricultural purposes. They expect that someday the site will be reestablished and things will become like they were before.
It seems like the coal company clean is not going to happen in the near future as the companies are not showing any come back sign.
It is possible that reclamation will be handed over to state agencies. In places like Ohio, coal mining tax helps in fund reclamation. A recent report shows that there are many coal mines which are awaiting clean-up .Geologist say that if the mines are not cleaned up it will look like moonscapes. Once the mines are reestablished people will get a lot of vegetation and wild life. The standard of the streams will be phenomenal. The only fact is someone has to pay for the clean-up.
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