Peabody Energy (BTU +1.3%) calls for a commission to tackle rising costs and government policy...

|About: Peabody Energy Corp. (BTUUQ)|By:, SA News Editor

Peabody Energy (BTU +1.3%) calls for a commission to tackle rising costs and government policy in Australia's resources sector, including a review of a new tax on coal and iron ore profits and a new levy on carbon emissions. CEO Greg Boyce joins a chorus of energy and mining leaders critical of Australian policy as companies struggle with rising costs and falling commodity prices.