Another Climate Alarmist buys Another Coal Company

From Breitbart's Big Government:

It’s a good thing I finally went public last week with my long-held view that Democrat investors were going to snap up coal companies driven to bankruptcy by Obama’s war on coal.

The day after I made my prediction, news came that leftist billionaire George Soros had purchased shares of the two largest U.S. coal companies, Peabody Energy and Arch Coal. Now comes news that bankrupt Patriot Coal is being purchased in a $400 million deal led by Tom Clarke, a prominent Virginia-based environmentalist.

But Clarke’s purchase of Patriot brings a new — and likely fraudulent — twist to what I called “Obama’s Great Coal Train Robbery.”

My original article forecast that the new kings of coal would have try to rehabilitate coal so they could profit from it with a straight face after having for years bashed the essential commodity as a people- and planet-murderer.

So Clarke plans to do this — no kidding — by planting trees. Clarke will sell his coal at a 10 percent premium. And why would any cash-strapped utility pay 10 percent more for Clarke’s coal? The coal will come with a carbon credit certificate (also called a “carbon offset”) worth 30 percent of the coal’s emissions.

One time is an anomaly, two times is a coincidence, three times is a pattern. This is a pattern.