Coal Shares Fall in Wake of Obama Re-Election

Reuters reported that coal shares fell on Wednesday in the wake of Obama’s re-election, amidst fears that he will impose tough, new regulations on the sector.

As quoted in the market report:

The Obama Administration, through the Environmental Protection Agency, had set rules limiting greenhouse gas emissions from power plants. This has forced companies to retire many of their coal-fired plants or install expensive new pollution-control equipment.

To view the whole Reuters report, click here.

 

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