Home

“In the first half of this year, at least six domestic coal companies filed for bankruptcy.” – Salon

Falling oil prices, falling gas prices, increased pollution regulation, growing installations of renewable energy mean coal is having a tougher time, tough enough that companies are going out of business – or at least declaring bankruptcy. Some of those trends will continue so, even if oil and gas prices rise again, coal’s market share will be smaller and probably continue to shrink. The environment may celebrate. Appalachian communities may not; they will, however, have to find new ways to create an economy.

(Click on the photo for the link.)

“The Crumbling Of Big Coal” – Salon

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s