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Barclays on turns bearish on US thermal coal

Barclays analyst, David Gagliano, said, "In recent months, thermal coal fundamentals have deteriorated significantly more than we expected when we initiated with a cautious view towards US thermal back in early November."
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New EPA regulations are the latest attempt to shutter America’s coal industry

The following statement was released today by the American Coalition for Clean Coal Electricity President and CEO Steve Miller in response to the EPA’s proposed New Source Performance Standards for greenhouse gas emissions.