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Successfully Bankrupting Coal Companies

Mike

Well-known member
Buckwheat announced in so many words that he would put the coal companies out of business.
Walter Energy's bankruptcy is exceptional, both to the state of Alabama and to the coal industry.

The Birmingham Alabama coal company filed for Chapter 11 bankruptcy protection with $5 billion in debts on Wednesday, a number topping Jefferson County's bankruptcy and any other coal company in the country since prices started dropping in 2012.


More than three dozen coal companies filed bankruptcy since 2012, according a report by SNL Energy. With $5 billion in assets, Walter Energy's is the biggest, topping both of Patriot Coal's bankruptcies
 

Faster horses

Well-known member
So what is new? He said he was going to do this before he was elected the FIRST time. Sean Hannity talked about it on his radio show
back in 2008, BEFORE the election. And still, coal mining states voted FOR him (Wyoming did NOT!).

It is my understanding that Peabody Coal in Wyoming has shut down.
 

mrj

Well-known member
I wonder who people will blame when they get sky high energy bills? How can the be so foolish as to believe the hype about 'renewable' energy, especially when the news is full of stories about people getting huge amounts of money from fed. govt. to invest into questionable, even experimental so called 'renewable' energy projects?

Some day into the future, people are going to realize that coal has spent lots of money cleaning up the burning emissions, and that it is a pretty reasonable cost and produces both heat and light and runs lots of machinery producing all sorts of goods we need or want. Where will the 'clean energy ' promoters be then..........probably off into the sunset somewhere enjoying their ill gotten money.

Passive solar energy has considerable benefit, if used wisely. But using solar energy with batteries which may require more non-renewable products than makes sense, just doesn't make sense with such complicated systems and little research which has successful results at reasonable prices.

mrj
 

Faster horses

Well-known member
I was so upset at NATGEO tv the other night. They were expounding and applauding Al Gore for bringing the TRUTH on Global Warming in his documentary "An Inconvenient Truth". (No mention of course of all the money Gore made with his global warming hoax.) :evil:
They had lots of liberals on there and no dissenting opinion. They showed President Bush when he refused the Koyto Treaty and
Dick Cheney when he remarked that man didn't contribute to global warming. It upset me so bad, I think I will cancel that channel.
I couldn't stand to watch the bias, but I think this might be what aired.

http://shop.nationalgeographic.com/ngs/product/dvds/science-and-space/an-inconvenient-truth-dvd

Director Davis Guggenheim eloquently weaves the science of global warming with Al Gore's personal history and lifelong commitment to reversing the effects of global climate change in the 2007 Oscar winner for Best Documentary Feature. An Inconvenient Truth makes the compelling case that global warming is real, man-made, and its effects will be cataclysmic if we don't act now.


Gore presents a wide array of facts and information in a thoughtful and compelling way: often humorous, frequently emotional, always fascinating. In the end, An Inconvenient Truth accomplishes what all great films should: it leaves the viewer shaken, involved and inspired. Special features: A Day in the Life of Al Gore featurette; theatrical trailer.
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It did not leave me shaken, involved and inspired. It left me FURIOUS.
Al Gore and FACTS, hah! That is a stretch.
 

Traveler

Well-known member
I read something about the green nazis not even letting coal into ports for exports. Couldn't happen without the regime behind it.
 

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