Obama’s war on coal is succeeding as he’s making good on his threat to kill the industry:
Peabody Energy, the world’s largest private-sector coal producer, filed for bankruptcy on Wednesday in a U.S. court, citing “unprecedented” industry pressures and a sharp decline in the price of coal.
The company said it will continue to operate while in bankruptcy, while working to reduce debt and improve cash flow. Continue reading
Global Geopolitics 