Economy & Business

"Peabody Energy Agrees to Greater Disclosures of Financial Risks"

"Peabody Energy, the world’s biggest private coal company, has agreed to make more robust disclosures to its investors about the financial risks it faces from future government policies and regulations related to climate change and other environmental issues that could reduce demand for its product."

Source: NY Times, 11/09/2015

Citing Climate, Obama Rejects Construction of Keystone XL Pipeline

"President Obama announced on Friday that he had rejected the request from a Canadian company to build the Keystone XL oil pipeline, ending a seven-year review that had become a symbol of the debate over his climate policies."

Source: NY Times, 11/09/2015

Senators Urge Obama Admin To Include Carbon Costs in Coal Program

"Democratic U.S. senators on Monday urged the Obama administration to reform the federal coal mine program to include costs of the fuel's carbon emissions and potentially raise royalties paid by companies that mine the fuel on public lands."

Source: Reuters, 11/03/2015

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