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The Western Worlds Largest Coal Company Declares Bankruptcy

2016-04-13 15:28:00| Climate Ark Climate Change & Global Warming Newsfeed

National Geographic: Peabody Energy, the largest coal company in the Western world, declared bankruptcy Wednesday. The announcement is a towering sign that coal power likely has reached a point of no return in a world seeking cleaner energy sources. Nearly 200 countries committed last December in Paris to cut emissions of heat-trapping greenhouse gases. Burning coal for electricity emits twice the carbon dioxide of natural gas, and the resulting pollutants have been linked to thousands of premature deaths and asthma...

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