Largest Coal Company files for bankruptcy on the same day Obama releases his Clean Power Plan.

Obama has destroyed the coal industry just like he promised he would do. All the coal plants are filing for bankruptcy, as the struggle to survive has overcome them.
This means all plants powered by coal will have to switch to natural gas or die. This is a costly process.
from yahoo:

The bankruptcy filing by Alpha Natural Resources comes on the same day that the Obama administration released its Clean Power Plan, which calls for more reliance on renewable energy sources.

One of America’s largest coal companies filed for bankruptcy Monday, striking the latest blow to an industry that, by its own admission, is struggling to adapt to the ongoing global conversion to clean energy.

Alpha Natural Resources (ANR), based in Bristol, Va., is the country’s biggest miner of coal used in steelmaking. In a bankruptcy filing, Kevin Crutchfield, the company’s chairman and CEO, described “unprecedented changes” for the coal industry.

“The US coal industry as currently structured is unsustainable,” he said. “Multiple major producers … have been, and will continue to be, driven to the brink of insolvency.”