How coal companies use bankruptcy to shed their obligations to employees and the environment (Southerly)

From late July well into autumn, Blackjewel miners in Harlan County blocked a coal-laden train to protest for the backpay they were owed by the bankrupt coal company.

For Southerly, I drilled deeper, looking at how coal companies have used bankruptcy to shed their obligations both to pay employees and to restore strip-mined land to federal standards.

Most if not all of Blackjewel’s mines came to it through previous bankruptcies; many produce no coal but have laid unreclaimed for years. I looked at how companies exploit state regulations to avoid reclamation and then dump those properties during bankruptcy. I also looked at how this process might end—with the abandonment of these mines to be reclaimed using bonds that may well fall short of the actual costs.

Read the full story at Southerly.