Coal Bankruptcies in US Pile Up as Utility Companies Embrace Gas + Renewables

More than half a dozen large U.S. coal companies have filed for bankruptcy in the past year, a signal that the one-time king of American energy is fading as it faces competition from cheap natural gas and renewable-energy sources while reckoning with the retirement of coal-fired power plants.

Report https://www.wsj.com/articles/coal-bankruptcies-pile-up-as-utilities-embrace-gas-renewables-11570971602?mod=e2fb&page=1&pos=1