Broke coal companies find money to give to candidates

Last Modified: Sat Oct 29 2016 14:54:58 GMT+0530 (India Standard Time)
  • $800,000
    + spent by Political Action Committees (PACs) of coal companies currently or recently in bankruptcy in state and federal campaigns this year, according to filings with the Federal Election Commission.
  • $659,000
    spent by the PACs of the largest three, Alpha Natural Resources, Arch Coal and Peabody Energy, into federal races. Those companies and another, Patriot Coal, put more than $165,000 into state races. Contributions from these PACs are heavily tilted toward Republicans.
  • $85,000
    spent by Peabody Energy’s PAC to support federal candidates. This includes $10,000 to the National Mining Association’s PAC and $6,000 to the Republican National Committee. St. Louis-based Peabody filed for Chapter 11 bankruptcy in April.
  • $231,500
    Spent by Alpha Natural Resources’ PAC to support federal candidates. The PAC also invested more than $100,000 in state candidates in West Virginia and Pennsylvania. Alpha filed for Chapter 11 bankruptcy protection in August 2015 and exited in July.
  • $343,000
    spent by Arch Coal’s PAC to support federal candidates, including $30,000 to the National Republican Congressional Committee, $10,000 to the Republican National Committee and $10,000 to the National Mining Association’s PAC. St. Louis-based Arch filed for Chapter 11 bankruptcy protection in January and exited earlier this month.