US coal giant files for bankruptcy, as Obama announces emissions crackdown

BusinessGreen staff
clock

Alpha Natural Resources files for Chapter 11 protection as plummeting coal prices leave company struggling with debt mountain

With impeccable symbolic timing, US coal giant Alpha Natural Resources yesterday filed for bankruptcy, coinciding with the publication of the Obama administration's new rules for drastically curbing power...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on CCS

Report: Carbon credit and CCUS markets poised for 'trillion-dollar boom' by 2050
CCS

Report: Carbon credit and CCUS markets poised for 'trillion-dollar boom' by 2050

Wood Mackenzie forecasts a strengthening of ties between the markets for carbon credits and carbon capture utilisation and storage

Michael Holder
clock 24 June 2025 • 4 min read
'Landmark year of progress': Enfinium hails energy-from-waste emissions savings
CCS

'Landmark year of progress': Enfinium hails energy-from-waste emissions savings

Energy from waste company provides update on progress towards net zero and circular economy goals

clock 13 June 2025 • 3 min read
'Turning point': Global investment in CCS tipped to quadruple to £60bn by 2030
CCS

'Turning point': Global investment in CCS tipped to quadruple to £60bn by 2030

Report predicts CCS capacity will grow from 41 million tonnes a year today to 1.3 gigatonnes by 2050, but warns sector is still off track for delivering net zero scenarios

clock 12 June 2025 • 4 min read