Coal Producer Peabody Can Look to Future Without Paying for Past

摘要

Peabody Energy Corp. is off the hook for now for liabilities related to its role in climate change. The company's 2016 bankruptcy protects it from lawsuits brought in California court by Marin County, San Mateo County, and the city of Imperial Beach, said St. Louis Judge Barry Schermer, who oversaw the company's bankruptcy case. The plaintiffs alleged that Peabody is among about 40 companies responsible for extracting fossil fuels that created 20 percent of carbon dioxide emissions over a 50-year period.