10 Jun 15

Major US coal companies hit 10-year lows this week. 

Peabody Energy (NYSE: BTU) dropped to the low $3 per share range, trading at $3.25 today. 

Alpha Natural Resources (NYSE: ANR) is trading at .43 cents today, down from a high of $65 per share in mid-2011.

» read more | by Kevin Grandia | 0 comments
27 May 15

Norway's finance committee has passed a motion instructing the country's $900 billion Sovereign Wealth Fund to divest of any company with large holdings of coal as their revenues.

A statement by the finance committee resolves that: "Investing in coal companies poses both a climate risk and a future economic risk."

According to the Wall Street Journal:

» read more | by Kevin Grandia | 0 comments
20 May 15

If there's any political leaders out there still clinging to the line that they won't move on climate change until China moves, they need to read this article:

China's reduction in CO2 emissions in just four months totals the entire greenhouse gases emitted by the UK over the same period.

» read more | by Kevin Grandia | 0 comments
20 May 15

Peabody Energy (NYSE: BTU) is trading today as low as $3.71 per share, after holding just below the $5 mark for the last month.

Peabody's cost per share has dropped from $4.40 to $3.71 in less than 5 days.

» read more | by Kevin Grandia | 0 comments
13 May 15

In a town like Washington, DC, sometimes it pays to play both sides of the political fence, a strategy clearly not taken by Peabody Energy's (NYSE: BTU) political action committee (PAC).

» read more | by Kevin Grandia | 0 comments
13 May 15

St. Louis-based coal company Peabody Energy (NYSE: BTU) has seen its stock price plummet since 2011, but that has not stopped the company from spending big dollars on lobbyists to work over politicians and government officials in Washington, DC.

» read more | by Kevin Grandia | 0 comments

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