Coal industry eyes innovation to survive market conditions that treat it ‘like a baby treats a diaper’

摘要

In opening the 14th annual coal trading conference in Manhattan on Dec.rn8, Arch Energy Resources director of trading and origination Steve Watsonrncited the 1980s sitcom “Cheers” in describing the coal industry’s bleak outlookrnresulting from the combined impact of more stringent environmentalrnregulations and low natural gas prices.