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Blog Hit

    How Many Coal Bankruptcies Will Result From Obama’s War on Coal?

    Originally Published in DeneenBorelli.com on 5/28/14.

    It’s no secret that coal company stocks are taking a beating from President Obama’s war on coal.

    Over the past few years, coal stocks are down more than seventy-five percent and during the same period Patriot Coal and James River Coal Company filed for bankruptcy.

    The regulatory climate is going to get worse with news breaking that President Obama is going to announce a new set of EPA regulations that are going to target greenhouse gas emissions from existing power plants.

    Read more here.