, Columnist
Coal's Stranded Assets
Many companies don't even earn enough to pay their interest bills.
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As the planet's climate shifts, lots of things we never expected to happen so quickly have started to occur. Each one of the last 11 months through March, for example, has been the hottest on record for that time of year, according to the U.S.'s National Oceanic and Atmospheric Administration.
A baseline reading of 400 parts per million of carbon dioxide in the atmosphere could become a reality within days, the Sydney Morning Herald reported earlier this week, bringing the world a step closer to the 450 ppm level where temperature increases of 2 degrees Celsius or more become likely.