Sunrise, Sunset – What's Up: Solar. What's Down: Coal.

Sunrise, Sunset – What’s Up: Solar. What’s Down: Coal. by Tom Sanzillo, IEEFA.org If you follow this blog you already know the storyline on coal. Lost market share and severely depressed values. One headline put it gently last week: “No Near-Term Positive Catalysts.” Another was more blunt: “Run Screaming from the Coal Stock Bloodbath.” Peabody added to the woe with a distressed-asset sale announcement saying that it had sold the mothballed Wilkie Creek mine in Australia for real cash—$20 million. True to form, the company put some beguiling spin on the news and The Australian picked it up, reporting that the buyer,…