Coal Giant Peabody Energy Files For Bankruptcy

Vietnam's President Truong Tan Sang (R) speaks as Greg Boyce (L), chairman and CEO of Peabody Energy, looks on as they attend a dialogue at the APEC CEO Summit at the China National Convention Centre (CNCC) in Beijing on November 10, 2014, part of the Asi

Pointing to an “unprecedented industry downturn,” the St. Louis coal company Peabody Energy announced today that it is filing for Chapter 11 bankruptcy. It’s one of a number of recent bankruptcies in the coal industry. Here & Now’s Jeremy Hobson looks at the larger forces at play with Juli Niemann, an energy analyst at Smith Moore & Co. in St. Louis.

Guest

  • Juli Niemann, energy analyst at Smith Moore & Co. in St. Louis.
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