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Largest US coal miner Peabody Energy files for bankruptcy
2016-04-13 17:09:00| Climate Ark Climate Change & Global Warming Newsfeed
Economic Times: Peabody Energy, the largest US coal miner, filed for bankruptcy today, battered like the rest of the industry by competition from cheap natural gas and the global push for cleaner energy. The long-expected move made Peabody just the latest and largest of dozens of US miners to go under as the fracking revolution made cleaner natural gas cheaper to use for steel plants and power generators at the same time that demand from China's huge coal-dependent industrial sector began to fall. St Louis,...
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energy
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Largest Coral Atoll in the World Lost 80 Percent of Its Coral to Bleaching
2016-04-13 15:40:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: The largest coral atoll in the world, Kiritimati, has lost 80 percent of its coral in the past 10 months due to this years devastating coral bleaching event and another 15 percent is likely to die, scientists reported. The Pacific has been experiencing abnormally warm water temperatures for months, causing extreme stress to corals and the species that rely on them. This is the longest coral bleaching event ever recorded and scientists are becoming increasingly pessimistic that the affected reefs...
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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western
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bankruptcy
The worlds largest coal company just went bankrupt
2016-04-13 11:09:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: In a move that has environmentalists hunting for graves to dance on, Peabody Energy, the world`s largest private-sector coal company, has filed for bankruptcy. Its the fourth major U.S. coal company to go bankrupt in the last year. The dirtiest fossil fuel sector has been hit hard by the natural gas boom and dropping prices for renewables. Further adding to coals woes are Obamas pending Clean Power Plan and aggressive anti-coal organizing by climate activists. In a statement, the company...
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Largest on-the-farm auction held for Ritchie Bros'
2016-04-11 07:05:28| Industrial Machines - Topix.net
Hundreds of people flooded a family farm in Bonanza, Alta. for Ritchie Bros.' largest on-the-farm auction ever on March 30. In just nine hours, more than $24 million of farmland and equipment was sold.
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largest
auction
bros
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