Via the AFR:
It says everything about the intellectual savvy and raw power of the global anti-coal lobby that it has corralled Ivan Glasenberg into a profound public concession on coal mining.
His ear-battered competitors say the softest thing about Glasenberg is the enamel of his teeth. Glencore’s chief executive and senior shareholder is hard. Well hard. But, after a three-year contest of the minds, he has buckled on coal under the weight of God, mammon and science.
