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 Bloomberg says coal industry is a ‘dead man walking’

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PostSubject: Bloomberg says coal industry is a ‘dead man walking’   Wed Feb 27, 2013 8:42 pm



New York City Mayor Michael Bloomberg told an audience near Washington, D.C. today that tough regulations, environmental activism, and cheap natural gas are bringing an end to coal-fired power in the United States.

“Even though the coal industry doesn’t totally know it yet or is ready to admit it, its day is done. … Here in the U.S., I’m happy to say, the king is dead. Coal is a dead man walking,” Bloomberg said at an Energy summit.

Bloomberg added that public-health and climate change activists are ready for a long “regulatory trench war” over coal-fired power.

more here: http://dailycaller.com/2013/02/27/bloomberg-says-coal-industry-is-a-dead-man-walking/

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