Tuesday, July 14, 2009

EPA to develop rule to ensure hardrock miners will pay for environmental cleanup

The Environmental Protection Agency, complying with a court order, will develop a rule to guarantee companies that mine everything from copper to uranium will pay for needed environmental cleanup, not taxpayers. The announcement on Monday comes in the wake of a federal judge's order in February requiring the EPA to close loopholes that allow some companies to get out of paying for such costly cleanups when they file bankruptcy. The agency said it will develop similar financial responsibility requirements for other types of operations but started with hardrock mining because of the size of the operations, the amount of waste and the number of mining sites on its Superfund's national priorities list. The EPA did not release specifics on how it will establish financial assurance requirements but said it will propose the rule by spring 2011. The National Mining Association trade group said the industry already is regulated by other state and federal laws establishing financial responsibility for cleanup. "The U.S. Environmental Protection Agency ignored critical facts and used inappropriate data in singling out U.S. hardrock mining for financial assurance requirements under Superfund," association CEO Hal Quinn said in a statement...AP

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