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Mine cleanup funds at risk as coal power suppliers lose customers
Energy News Network: The defection of local electric cooperatives from a Colorado power wholesaler could imperil cleanup funds for coal mines in two Western states, according to an environmental group’s complaint to federal regulators.
Tri-State Generation and Transmission operates mines in Colorado and Wyoming. If the company were to close or abandon them, environmental reclamation is to be paid for in large part with $133 million in “self-bonds,” which are guaranteed by Tri-State but not backed by any bank, insurer or other third party.
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