How Carbon Markets Can Take The Sting Out Of Peabody Debacle
This story first appeared on Ecosystem Marketplace
Five months after it agreed to stop lying to investors about the impact that "climate change and potential regulatory responses" were having on its business - and four months after it was caught funding climate-science denier William Happer - Peabody Energy Corporation became the 50th coal company to declare bankruptcy, and it attributed its dire predicament to "unprecedented factors" beyond its control.
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Five months after it agreed to stop lying to investors about the impact that "climate change and potential regulatory responses" were having on its business - and four months after it was caught funding climate-science denier William Happer - Peabody Energy Corporation became the 50th coal company to declare bankruptcy, and it attributed its dire predicament to "unprecedented factors" beyond its control.
More...