State regulators in Maine throw fiscal responsibility to the wind with proposed mining regulations

December 5, 2013 • Bonnie Gestring

State regulators in Maine are developing new rules for hardrock mining that throw fiscal responsibility to the wind.  The rule, which is currently up for public comment, will allow mining corporations to post just 50% of mine clean-up costs up front, rather than the 100% that’s normally required -- transferring the risk of clean-up costs from the mining corporation to taxpayers.