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Stock impact report

Trump is reviving large sales of coal from public lands. Will anyone want it? [Yahoo! Finance]

Peabody Energy Corporation (BTU) 
Last peabody energy corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
million tons from publicly owned reserves next to strip mines in Montana and Wyoming. The sales are a signature piece of President Donald Trump 's ambitions for companies to dig more coal from federal lands and burn it for electricity. Yet most power plants served by those mines plan to quit burning coal altogether within 10 years, an Associated Press data analysis shows. Three other mines poised for expansions or new leases under Trump also face declining demand as power plants use less of their coal and in some cases shut down, according to data from the U.S. Energy Information Administration and the nonprofit Global Energy Monitor. Those market realities raise a fundamental question about the Republican administration's push to revive a heavily polluting industry that long has been in decline: Who's going to buy all that coal? The question looms over the administration's enthusiastic embrace of coal, a leading contributor to climate change. It also shows the uncertainty inh Show less Read more
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