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QUESTION IMAGE

how do mining companies finance the restoration of old mines under the …

Question

how do mining companies finance the restoration of old mines under the surface mining control and reclamation act?
they pay taxes and fines imposed on them by environmental law which goes into the superfund.
they use their personal money and do it out of goodwill.
they donate money to local charities such as the salvation army.

Explanation:

Brief Explanations

Under the Surface Mining Control and Reclamation Act, mining companies finance old - mine restoration through taxes and fines (for non - compliance) that go into relevant funds like the Superfund. Options B (personal money out of goodwill) and C (donating to local charities like Salvation Army) are not in line with the legal and regulatory requirements of the Act for mine restoration financing.

Answer:

A. They pay taxes and fines imposed on them by environmental law which goes into the Superfund.