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    market news

    Obama To Reverse Bush Rule On Coal

    Melissa Pistilli
    Apr. 28, 2009 08:25AM PST
    Market News

    Coal Investing News reports Obama’s adminstration will reverse rule on coal mining companies dumping mountaintop debris into valley streams. It may be recalled that the Bush-era rule allowed coal mine operators to use “the cheapest and most convenient disposal option” for mountaintop fill. “We must responsibly develop our coal supplies to help us achieve energy …

    Coal Investing News reports Obama’s adminstration will reverse rule on coal mining companies dumping mountaintop debris into valley streams.

    It may be recalled that the Bush-era rule allowed coal mine operators to use “the cheapest and most convenient disposal option” for mountaintop fill. “We must responsibly develop our coal supplies to help us achieve energy independence, but we cannot do so without appropriately assessing the impact such development might have on local communities and natural habitat and the species it supports,” Salazar said.

    For complete story, click this link. Follow developments in resource mining and exploration for free. Sign on to The Resource Stock Watch.

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