Peabody Energy reorganization plan lacks mine cleanup coverage details

The practice came under scrutiny following bankruptcy filings by some of the largest U.S. coal miners because, without collateral set aside for mine reclamation, taxpayers are potentially exposed to billions of dollars in cleanup costs. Environmental groups have been following the bankruptcy to see whether Peabody, the world's largest private-sector coal producer, replaces roughly $1 billion of self-bonds with other guarantees, as rival Arch Coal Inc did in its October bankruptcy reorganization.