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One of the worlds largest coal companies misled investors about climate change risk

2015-11-10 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Mother Jones: Climate change could pose a serious risk to investors in publicly-traded fossil fuel companies, as governments around the world move to restrict carbon emissions. Many climate change advocacy groups say those companies have an obligation to their shareholders to be transparent about how demand for their product could diminish in the near future. Although Peabody escaped financial penalties this time around, it could still face litigation from aggrieved shareholders. According to Schneiderman's...

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