Environmental

Texas Railroad Commission will No Longer Accept Empty “Self-Bonding” for Energy Future Holdings’ Mining Operations

Public Citizen, Sierra Club Ask Regulators to Stay Vigilant to Protect Taxpayers, Environment from Wall Street Abuse

AUSTIN–(ENEWSPF)–April 14, 2014.  After nearly two years of advocacy, the Sierra Club and Public Citizen have learned that when Energy Future Holdings files for bankruptcy, the Texas Railroad Commission will no longer accept Luminant Mining’s “self-bonding” to cover nearly one billion dollars in mining clean-up obligations and will require real cash bonds to ensure that taxpayers are not…

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