Tag Archive | "cap-and-trade"

Coal Prices: Only Way Up

Tuesday, April 7, 2009

Upgrade season is on and for coal and things seem to be heating up. Coal prices appear to be at a bottom and credit markets are beginning to work again, which should provide a positive catalyst for the industry. Cancellations of mining projects stabilized in February as well. To add to the positive news, J.P. Morgan on Monday upgraded mining firms Joy Global (JOYG) and Bucyrus International Inc. (BUCY) to neutral from underweight.

Continue reading "Coal Prices: Only Way Up"

Does Obama want to bankrupt the coal industry?

Wednesday, November 5, 2008

Obama stated: "So if somebody wants to build a coal-powered plant, they can; it's just that it will bankrupt them because they're going to be charged a huge sum for all that greenhouse gas that's being emitted."

Continue reading "Does Obama want to bankrupt the coal industry?"

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