It would also lead to the loss of up to 6,000 coal sector jobs.
Between them, these three have provided at least €42bn to the coal sector since 2005.
"The coal sector needs CCS more than CCS needs coal," he said.
Sheikh called on the advertising industry to abandon the coal sector as a client.
Opposition to the planned energy subsidy overhaul has been intense and has stretched well beyond the coal sector.
The giant coal sector again endured a year of strikes and protests concomitantly with a very high accident rate.
"The E.P.A. has been working very hard on rules that focus specifically on greenhouse gases from the coal sector," she said.
The World Bank guesses that 200,000 people in big cities die prematurely each year because of air pollution.The government is trying to clean up the coal sector.
It also estimates that the renewables dominated power sector and energy efficiency markets will be 20-40 thees the value of future coal sector development.
The mining industry calls this a "China-centric" view that ignores the possibility that India's rising demand for energy will put the Australian coal sector in good shape.
Peabody and Arch are giants of the US coal sector but have suffered massive declines in recent years, losing more than 98% of their value.
