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Stock impact report

Trump's love affair with coal won't save the industry from extinction [Los Angeles Times (CA)]

Peabody Energy Corporation (BTU) 
Last peabody energy corporation earnings: 4/29 08:00 am Check Earnings Report
He's a cute little fella, decked out in his reflective vest, hard hat and work boots, with his big eyes and a fixed grin. Meet “Coalie,” who joins the army of official and semiofficial mascots making government and commercial pitches go down easier for you and me, like Smokey the Bear, McGruff the Crime Dog and Franklin the Fair Housing Fox. Coalie, however, isn't selling forest fire prevention or personal safety awareness or fair housing regulations. He's trying to sell Americans on the dirtiest fuel in the energy arsenal — and one of the most expensive. Basically, this mascot is carrying the flag for a quixotic battle to save a dying industry. President Trump has long promoted a revival of the coal industry as one of his signature policies. He took the first steps in that direction during his first term, but has stepped up the effort during the current term. He seldom refers to coal without the modifiers “clean” and “beautiful.” We should quibble with those adjectives. In A Show less Read more
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