Peabody Spokesman Blames Bankruptcy On Low Coal Prices

Apr 15, 2016

Credit ecowatch.com

The largest coal producer in Wyoming declared bankruptcy this week. Companies like Arch Coal, and Alpha Natural Resources have done so as well over the past year, but this filing is particularly symbolic of the industry’s struggles, because of the company’s size. Peabody Energy is the largest privately-owned coal company in the world. Our Inside Energy reporter Leigh Paterson joins Bob Beck.