What's the deal with Solid Energy?

What's the deal with Solid Energy?

As far as energy sources go, coal has got to be the diva of the bunch, and despite its old-school feel, coal is still very much around.

The people who make most of it, Solid Energy, announced today they're going into something called voluntary administration, which sounds delightful doesn't it?

Of course the Government owns this crowd, which is probably why they use such ridiculous phrases.

Voluntary administration is just fancy talk for the company's gone bust and it's going to sell off all its stuff.

And sure, the media keeps harping on about Solid this and Solid that, but why's it important and how did it get to this?

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