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Coal companies have been scorched under Obama

2015-08-04 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

CNN: It's a terrible time to be in the coal business. Companies have struggled for five years in an environment of strict regulation and low prices, along with a host of poorly-timed mergers. Alpha Natural Resources (ANRZ) filed for bankruptcy on Monday, becoming the latest coal company to succumb to the difficult environment. Life is about to get even tougher as President Obama -- never a friend of the coal industry -- rolls out new rules aimed at America's coal-burning power plants' greenhouse...

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Category:Electronics and Electrical

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