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When A Coal Mine Shuts Down, Locals Get The Shaft
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Alpha Is Just One of Many Companies That Use the Same Playbook
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Lexington is just one of many coal companies that use the same playbook and effectively offloaded or passed off its cleanup obligations. In some cases, these smaller companies don't have enough money and then taxpayers wind up holding the bag. If it turns out to be less expensive or if coal prices recover dramatically, some of those defunct mines become useful again.
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