President Obama promised in 2007 that his policies would “bankrupt the U.S. coal industry.” This was one promise that was kept. A study found the coal industry lost 50,000 jobs from 2008 to 2012. Many leading coal companies went bankrupt. Dohmen Capital presents the chart below for VanEck Vectors Coal (KOL), the exchange-traded fund for coal companies. At a CNN town hall in Ohio in mid-March 2016 she said: "We're going to put a lot of coal miners and coal companies out of business."

Source: Forbes February 06, 2017 22:18 UTC