In what is being seen as a direct challenge to Beijing's authority, thousands of Chinese coal miners have taken to the streets to protest against unpaid wages.
Donald Blankenship, the former CEO of now-defunct Massey Energy, is now facing a $28-million fine in addition to a year in jail for his role in the Upper Big Branch mine blast.
EY notes that after the fifth consecutive year of declining deal volume and values, increasing levels of financial distress will trigger more divestments, spin-offs, joint ventures and possibly hostile takeover bids.
The Clean Energy and Coal Transition Act commits to eliminating the use of coal-fired power by 2035 and to double the amount of renewable energy by 2040.