The Conversation

Peabody's bankruptcy claim is a symbol of coal's end

Author: The Conversation USA

The era of coal is coming to an end. Alexander G/Flickr, CC BY-SA

The announcement that Peabody Energy, the world’s largest non-government coal company, is to file for bankruptcy in the United States is one of more symbolic than substantive significance. In the US context, bankruptcy is a fairly routine form of financial reorganisation,...

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