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Posted Tue Mar 18 2014: from E&E Publishing:
William Koch, pessimistic about coal's future in the U.S., is out of the business
William Koch, CEO of energy and industrial products giant Oxbow Carbon LLC, expressed pessimism about the future of coal in the United States during an interview last week. While not as active in politics as siblings David and Charles Koch, Bill Koch has also donated millions to political candidates, including a large political action committee backing former Republican presidential candidate Mitt Romney. "The coal business in the United States has kind of died," Koch said during a phone interview Friday, "so we're out of the coal business now."
[Read more stories about: coal issues, climate impacts]
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