this is true , lot of railroad companies involved wit coal inds.
EPA's New Regulations Hit King Coal & Railroad Companies Last Tuesday, the U.S. Environmental Protection Agency announced its first carbon pollution standard for new power plants. The EPA move will discourage new coal fired power plants from being built, which will substantially dampen domestic coal demand. This will eventually hurt railroad companies in near term as coal is predominantly shipped by rail. Forbes - Apr 03 09:41am.
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