BILLINGS, Mont. -- The U.S. Environmental Protection Agency said Friday that it plans to require mining companies to show that they have the financial wherewithal to clean up their pollution so taxpayers aren't stuck footing the bill.
The proposal follows a 2015 court order for the government to enforce a long-ignored provision in the 1980 federal Superfund law.
The requirement would apply to hard-rock mining, which includes mines for precious metals, copper, iron, lead and other ores. It would cover mines in 38 states, requiring their owners to set aside sufficient money to pay for future cleanups.
The EPA is considering similar requirements for chemical manufacturers, power generation companies and the petroleum refining and coal manufacturing industries.
From 2010 to 2013, the EPA spent $1.1 billion on cleanup work at abandoned hard-rock mining and processing sites across the U.S.
The new rule "would move the financial burden from taxpayers and ensure that industry assumes responsibility for these cleanups," EPA Assistant Administrator Mathy Stanislaus said.
Contaminated water from mine sites can flow into rivers and other waterways, harming aquatic life and threatening drinking-water supplies. Companies in the past avoided cleanup costs in many cases by declaring bankruptcy.
Last year, an EPA cleanup team accidentally triggered a 3 million gallon spill of contaminated water from Colorado's inactive Gold King mine, tainting rivers in three states with heavy metals including arsenic and lead.
The National Mining Association said the new rule was "unnecessary, redundant and poorly constructed," because existing programs prevent mines from becoming Superfund sites.
The group accused government officials of overstating the potential risks from modern mining techniques in a rushed attempt to put a new rule in place before President Barack Obama leaves the White House next month.
Rob Bishop of Utah, chairman of the U.S. House Natural Resources Committee, and Fred Upton of Michigan, chairman of the Energy Committee, voiced similar concerns. The Republicans said programs in place at the state level already ensure the environment is protected and predicted that the EPA proposal would result in a multibillion-dollar obligation for the mining industry.
Business on 12/03/2016