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Rainforest Action Network Statement on Peabody Energy’s Imminent Bankruptcy


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Rainforest Action Network Statement on Peabody Energy’s Imminent Bankruptcy

Rainforest Action Network (RAN)

SAN FRANCISCO - Peabody Energy, the world’s largest private sector coal mining company, may soon file for bankruptcy. This news comes weeks after Arch Coal, the second largest coal producer in the U.S., filed for Chapter 11. Peabody’s imminent bankruptcy is a signal that the company’s recklessness, greed, and disregard for human life and climate impact is catching up.

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