Appalachia miners wiped out by coal glut they can't reverse

mardi 31 mars 2015

FILE - In this March 9, 2006 file photo, a large dozer sit ready for work at Peabody Energy's Gateway Coal Mine near Coulterville, Ill. A 10 percent reduction in carbon dioxide emissions will mean a decline of 180 million tons, or 18 percent, in U.S. coal production, according to Bernstein Research. That would hurt miners such as Peabody Energy, Alpha Natural Resources and Arch Coal. (AP Photo/Seth Perlman, File) Coal prices have dropped 33% over the past four years to levels that have made most mining companies across the Appalachia mountain region unprofitable.








via Business News http://ift.tt/1DlffbK
Publié par style à 06:02
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