Why not? This is both good long term for the environment and good long term for their investments' potential growth. As Coal gets less favored status more coal companies will feel pressure on their stocks. Sort term they may lose out on some growth markets like India and China, but even those markets will surely shift toward renewables in years to come leaving coal and companies tied to it depressed.
What exactly do you mean by "feel pressures" on their stock? Once a share has been sold the company has already received all the money it will ever receive from that share. Whether it goes up or down from that point is irrelevant to the company. For whoever bought that share it might be a problem if he wishes to sell it again. Most of the investors buy IPO shares for dividends, so as long as the company makes money and pays dividends they also don't care about the share price.
> as long as the company makes money and pays dividends they also don't care about the share price.
Oh, they care very much. For one thing, a tanking share price means the dividend will surely be cut. A rising share price means the dividend will likely increase.
Dividends are paid from company earnings (profits), not stock, and as such, stock price doesn't affect the ability of the firm to pay dividends. They could both have the same underlying cause though - which is, a deteriorating business condition that reduces earnings. Otherwise, e.g. if Coke's stock price falls by 50% in a recession, doesn't mean it will cut its dividend.
Stock prices come from the same forces that shape dividends. There's a reason that dividends from diverse companies all tend to cluster around the same percentage of the share price.
True but a weaker share price means it will be more expensive to access capital or bond markets or to get a loan. Coal is a very capital intensive industry so this is significant.
