Coal Demand Likely to Be Impacted by Tough New Carbon Emission Limits The Paragon Report Provides Stock Research on Peabody Energy Corporation and James River Coal Company
The Paragon Report Provides Stock Research on Peabody Energy Corporation and James River Coal Company
NEW YORK, NY -- (Marketwire) -- 03/29/12 -- The Coal Mining Industry faces another struggle as the Environmental Protection Agency (EPA) imposes limits on carbon emissions on all new U.S. power stations. The new limits would effectively bar the building of any new coal plants. The Paragon Report examines the outlook for companies in the Coal Mining Industry and provides equity research on Peabody Energy Corporation (NYSE: BTU) and James River Coal Company (NASDAQ: JRCC). Access to the full company reports can be found at:
www.paragonreport.com/BTU
www.paragonreport.com/JRCC
EPA Administrator Lisa Jackson called the limits a "common-sense step to reduce pollution" but others slammed the proposed regulations for potentially limiting electricity production.
The American Coalition for Clean Coal Electricity said the move will drive up energy prices and hurt job creation by discouraging use of U.S. coal resources that provide affordable electricity. Previous actions by the EPA have played a major role in the closure of 140 coal plants across the U.S. The new imposed rules will see that number increase.
The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Coal Mining Industry register with us free at www.paragonreport.com and get exclusive access to our numerous stock reports and industry newsletters.
Peabody Energy is the world's largest private-sector coal company and a global leader in clean coal solutions. With 2011 sales of 251 million tons and $8 billion in revenues, Peabody fuels 10 percent of U.S. power and 2 percent of worldwide electricity.
James River Coal Company earlier this month reported that it had a net loss of $39.1 million or $1.19 per fully diluted share for the year ended December 31, 2011 and a net loss of $28.5 million or $0.82 per fully diluted share for the fourth quarter of 2011.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.paragonreport.com/disclaimer
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