Billionaire Cline Talks Clean As Coal Mines Supply Most Energy Since 1970
A continuous mining machine shears through a coal seam at Foresight Energy LLC's Shay coal mine in Carlinville, Illinois, U.S., on Tuesday, June 21, 2010. In 2002, Foresight Energy owner Chris Cline spent $300 million for mining rights, land and equipment in Illinois, betting on coal his rivals were abandoning. The value of Illinois deposits quintupled during the next five years, helping Cline raise $1.2 billion to build the mines that he's now parlaying into a fortune. Photographer: Andrew Harrer/Bloomberg via Getty Images
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105205002
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June 22, 2010
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NEW KING COAL