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Coal companies get sweetheart deals on federal leases, shortchange taxpayers

2013-06-12 08:54:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: As if climate disruption, air pollution, health problems, and landscape destruction werent bad enough, here`s another reason to hate the coal industry: Coal companies are shortchanging U.S. taxpayers out of tens of millions of dollars they should be paying for the rights to mine federal land. A new report [PDF] from the inspector general of the Interior Department reveals that the Bureau of Land Management routinely underestimates the value of coal, letting companies like Peabody and Arch Coal...

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