In an official submission to the White House earlier this year, U.S. coal giant Peabody Energy claims that greenhouse gas is a «non-existent harm» and a «benign gas that is essential to all life.» (desmogblog.com)
«It may well be in this environment where oil is above $ 100 a barrel that it is economically viable and valuable for nations that are rich in coal, like China, to use that coal and to sequester the CO2 for purposes of producing more oil,» says Vic Svec, senior vice president of investor relations and communications at U.S. coal giant Peabody, which is also a part owner of GreenGen. (scientificamerican.com)
Pulling the same legal levers as those involved in its climate change investigation of ExxonMobil, the New York state attorney general's office obtained an agreement from coal giant Peabody Energy to end misleading statements and disclose risks associated with global warming. (insideclimatenews.org)