Sentences with phrase «downgrading coal stocks»

Leading financial groups are now downgrading coal stocks and requiring utilities seeking funding for coal plants to include a cost for carbon emissions when proving economic viability.On March 11, 2008, Representative Henry Waxman of California introduced a bill to ban new coal - fired power plants without carbon emissions controls nationwide until federal regulations are put in place to address greenhouse gas emissions.

Leading financial groups are now downgrading coal stocks and requiring utilities seeking funding for coal plants to include a cost for carbon emissions when proving economic viability.

In January 2008, Merrill Lynch also downgraded coal stocks.

Not exact matches

Citigroup downgrades the stocks of Peabody Energy Corp., Arch Coal Inc., and Foundation Coal Holdings Inc., prominent U.S. coal companCoal Inc., and Foundation Coal Holdings Inc., prominent U.S. coal companCoal Holdings Inc., prominent U.S. coal compancoal companies.

18 July 2007 - Citigroup downgrades the stocks of Peabody Energy Corp., Arch Coal Inc., and Foundation Coal Holdings Inc., prominent U.S. coal companCoal Inc., and Foundation Coal Holdings Inc., prominent U.S. coal companCoal Holdings Inc., prominent U.S. coal compancoal companies.

In July 2007, Citigroup downgraded coal company stocks across the board and recommended that its clients switch to other energy stocks.