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Peabody Energy Agrees Greater Disclosures of Financial Risks

2015-11-08 23:17:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Peabody Energy, the worlds biggest private coal company, has agreed to make more robust disclosures to its investors about the financial risks it faces from future government policies and regulations related to climate change and other environmental issues that could reduce demand for its product. The coal giants concessions came in response to a two-year investigation by the New York attorney general that found that Peabody had not been forthright with investors and regulators about threats to...

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