Thursday, 12 November 2015

Few bright spots for U.S. coal

THE PITS
Few bright spots for U.S. coal
New York (UPI) Nov 10, 2015 - The coal industry in the United States faces more prospects of decline because of strains on export options and green agendas, Fitch Ratings finds. Fitch said there's been a "wave of bankruptcies" in the United States, with at least three major producers announcing major defaults this year. New York City is leading a national trend in divestments from coal, with pension fund mana ... more


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