• $209 million the amount Massey Energy’s parent, Alpha Natural Resources, will pay in penalties over the 2010 mine blast
• $47 millionthe amount that will go to individual families and those injured in the deadly blast source

• » The mine blast killed 29 miners: One of the first things that became clear after last year’s deadly West Virginia mine blast was that the company in charge of the mine, Massey Energy, did a very poor job of following regulatory standards. This is their punishment. While the company will avoid getting prosecuted as a result of this settlement, individual Massey executives could face prosecution as part of the agreement. Does the punishment reflect the crime?

Posted by Ernie Smith • Permalink