As Coal’s Future Grows Murkier, Banks Pull Financing.

[elleng]

Looks like good news to me, if 'markets' and people have begun changing > 'would no longer finance new coal-fired power plants.'

'Some banks say they are trying to do their part to curtail climate change by moving away from coal projects and financing ventures that produce less carbon. But bankers also say there is a more basic reason for the shift: Lending to coal companies is too risky and could ultimately prove unprofitable.

Coal companies are being squeezed by competition from less expensive energy sources like natural gas and by stiffer regulations — pressures that show no signs of letting up.'

http://www.nytimes.com/2016/03/21/business/dealbook/as-coals-future-grows-murkier-banks-pull-financing.html?

[tularetom]

1. Hillary Clinton has already flip flopped on this, will she now have to flop flip back?

She let it slip in a speech that coal had no future and then was forced to grovel to senators from coal producing regions and walk back what she had said.

Now that her financial backers have more or less confirmed that coal has no future, what will she say now?

You're right, this is good news.

[elleng]

2. Maybe she'll flip back, and discuss the REAL future,

as she should do.

[Baobab]

3. TTIP exports natural gas so coal will make a comeback

or so ive heard.

Electricity / gas prices rose a lot when they did something similar in Australia, and they don't even have cold winters.