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Firm wants to burn methane leaking from Utah coal mine — creating credits to sell to carbon-emitting companies

Coal and trona mines are a big source of methane emissions, a potent greenhouse gas. Long after land that has been mined is restored, heat-trapping methane can still leak into the atmosphere.

Now a Colorado business is developing a plan to make money by burning methane that would otherwise seep out of Utah’s recently retired West Ridge coal mine near East Carbon.

Flaring the gas creates an environmental benefit — one that the state of California recognizes and considers a financial credit, called an offset. Companies in that state must keep thier carbon emissions under certain thresholds and may purchase these offsets to help account for those emissions, but they may not exceed their threshold.