Massey CEO Says Regulation on Coal Industry Excessive
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Massey Energy Co. Chief Executive Officer Don Blankenship, whose company owns the West Virginia coal mine where 29 people died in April, said U.S. regulation of the industry is excessive.
A U.S. House committee yesterday approved legislation that would make it easier to shut mines with repeated safety violations, a bill sparked by the accident at Massey’s Upper Big Branch operation. The measure would also expand subpoena powers of the Mine Safety and Health Administration.