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Stock impact report

Coal booster to join energy regulator, dealing setback to green movement [DailyFinance (AOL.com)]

Arch Resources, Inc. Class A (ARCH) 
Last arch resources, inc. class a earnings: 4/23 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.archcoal.com
Company Research Source: DailyFinance
WASHINGTON — Earth Day is usually an occasion for politicians to extoll natural wonders and our efforts to preserve them. For Bernard L. McNamee, who today becoming one of the nation’s top energy regulators, it was an opportunity to praise oil and coal. “This Earth Day, let’s accept the critical role that fossil fuel plays in energy needs,” read the headline of his op-ed published in The Hill . McNamee argued that fossil fuels “have dramatically improved the human condition” while suggesting that “doom-and-gloom prophecies” were exaggerated, as were projections about renewable energy’s growth. A veteran conservative activist, McNamee was a high-ranking deputy in the Department of Energy when, in October, President Trump nominated him to serve on the Federal Energy Regulatory Commission, the nation’s top arbiter of matters related to the transmission and sale of energy. It is the FERC’s responsibility, for example, to either approve or reject projects like the controv Show less Read more
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