1. Activist Investor Push To End Coal Mining Is Backfiring

    Activist Investor Push To End Coal Mining Is Backfiring

    The obvious case for allowing the free market to make decisions in industries like energy is that, when changes are forced instead of adopted naturally (usually via laws or government subsidies), they often work against the interests of efficiency. That's a lesson several companies found out first hand. In fact, Bloomberg writes there is now a "growing unease among climate activists and some investors that the policy many of them championed could lead to more coal being produced for longer"...

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    1. I didn't take up this role to close these mines, to close this business.
    2. The big push from investors is around ensuring that any divestment that occurs is to parties that are responsible.
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