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Coal Giant Peabody Accused Of Misleading Investors About Climate Change Risks

New York state Attorney General Eric Schneiderman, pictured during a speech last year, says Peabody Energy misled investors when it insisted it couldn't predict the impact of climate change regulation. Mike Groll/AP hide caption

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Mike Groll/AP

The Two-Way

Coal Giant Peabody Accused Of Misleading Investors About Climate Change Risks

As part of an agreement with the New York state attorney general's office, the company will revise the statements it makes about the impact of regulation.

By 2020, United States Will Become World's Leading Oil Producer, Says IEA

Austin Mitchell walks away from an oil derrick outside Williston, N.D., in July 2011. North Dakota is now the No. 2 producer of oil in the U.S. behind Texas. Gregory Bull/AP hide caption

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Gregory Bull/AP

The Two-Way

By 2020, United States Will Become World's Leading Oil Producer, Says IEA

Right now the U.S. imports about 20 percent of its energy, but the International Energy Agency predicts a dramatic turnaround. Energy independence, however, doesn't necessarily mean cheap gas.

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