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Peabody Coal's bankruptcy would be 'rocket fuel' to end investment in old energy comp
Peabody Coal's bankruptcy would be 'rocket fuel' to end investment in old energy companies
http://rack.3.mshcdn.com/media/ZgkyM...1711591212.jpghttp://rack.1.mshcdn.com/assets/feed...50839a8e00.jpghttp://rack.1.mshcdn.com/assets/feed...32c6f24ba1.jpg The campaign to convince investors to divest from fossil fuels has picked up steam in the past two weeks, thanks to the imminent bankruptcy of one major old-line energy company.* Peabody Energy, the world's largest privately-held coal company, signaled on March 15 that it may seek bankruptcy protection in order to restructure its skyrocketing debt.** SEE ALSO: **rway's $900 billion sovereign wealth fund to divest from coal companies Peabody is **t just your ordinary coal company — it is one that has steadfastly refused to incorporate the findings of mainstream climate scientists into its business planning, and may **w be suffering as a result. Read more... More about Solar, Fossil Fuels, Commodities, Investing, and Global Warminghttp://ad.doubleclick.net/ad/mash.to...ord=1458927170http://feeds.feedburner.com/~r/Mashable/~4/CNygMktIC04 |
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