Wednesday, April 13, 2016

Obama's war on coal kills Peabody Energy, the US' largest coal company

Number two Arch Coal went belly up in January.

Story here.

Meanwhile 7 coal-fired power plants in Michigan are closing this week to meet new EPA emission regulations. Almost 1,000 megawatts of electricity generating capacity go away as a result, to be replaced by north of 500 megawatts of capacity from a natural gas plant.

Details here.