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Channel: Utility trends – Institute for Energy Economics & Financial Analysis
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Coal industry faces ‘historically bad’ conditions amid pandemic

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The Wall Street Journal:  In the coal industry’s long decline, the years 2017 and 2018 were pretty good ones. But instead of stashing away cash for tough times, coal producers spent billions of dollars in dividends and stock buybacks to benefit their investors. Now, the industry is facing “historically bad” conditions, according to a bankruptcy […]

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