Joe Manchin has long ties to coal industry [CNN]
Continental Resources, Inc. (CLR)
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Source: CNN
Manchin, who has long-standing financial interests in the coal industry, killed Democrats' climate agenda Thursday night.Win McNamee/Getty ImagesEditor’s Note:Aversion of this storyran in October 2021. It has been updated with additional developments.CNNWest Virginia Sen. Joe Manchin’s long-standing financial ties to the coal industry face scrutiny after sources familiar with high-level negotiations told CNN hewould not support the climate provisionsThe senator has not yet issued a public statement about his opposition, though his spokesperson said Thursday evening that Manchin wished “to avoid taking steps that add fuel to the inflation fire.”But climate advocates on Friday morning were quick to point to Manchin’s longtime ties to the coal industry.Manchin, whose vote is crucial to passage of President Joe Biden’s domestic policy priorities in an evenly divided 50-50 Senate, had holdings in 2021 valued at between $1 million and $5 million in Enersystems, Inc., the coal brokerage busi
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