Posted by Davd Oliver on 4/5/2017 to Energy Industry
IncSmart Wyoming (Small Business and Startups) - America’s largest coal mining company is back, saved by the Trump administration. As Peabody emerges from bankruptcy, it has the chance to take advantage of China scaling back it's production and the need for steel production in America and India. Coal production plunged by almost 40 percent under the Democrat government.
Peabody will also encourage the study of scrubbing. This will prevent pollutants of burning coal, from entering the atmosphere. The will also disclose the risks of climate change from mining and from generating electricity. Peabody has started trading again on the New York Stock Exchange under the ticker symbol BTU.
By David Oliver
Starting a Business in Wyoming
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