On 04/13/15, Peabody Energy followed other major coal companies into bankruptcy, and days later lost a battle in a landmark legal war on Minnesota's Social Cost of Carbon (SCC). The “best” gang1 of climate denial outliers they could hire tried to confuse the court with absurd claims in both science and economics. The Judge was not fooled, and ruled unambiguously, as reported by Bloomberg BNA, University of Minnesota Consortium on Law and Values and MPRNEWS:
Updated climate change costs make coal-fired power less attractive:
New analysis shows that the science underpinning the global treaty aiming to stop average temperatures rising more than 1.5°C above pre-industrial levels urgently needs more research,...