coal

By Gocompare.com Gocompare.com launched an interactive map showing how much of the world’s electricity is still reliant on coal, oil and gas, and who’s using renewable energy to keep the lights. Check out the interactive map here: Despite increasing evidence of climate change and the pressure imposed by inter-governmental conventions, two thirds (67 percent) of […]

Power plants in America used 739 million short tons of coal last year, down from a peak of 1.045 billion short tons in 2007, informed a report from the U.S. Energy Information Administration. Source: U.S. Energy Information Administration, Power Plant Operations Report Form EIA-923 Demand tanked in nearly every state; Pennsylvania’s coal consumption fell by […]

Norway’s sovereign wealth fund sold shares worth $2.3 billion in 52 coal-dependent companies, the country’s central bank announced Thursday. Greenpeace estimates that this was the single biggest divestment from coal yet and media called the move “a sign of the growing influence investors wield in the fight against climate change.” Photo credit: Overpass Light Brigade Greenpeace […]

Peabody Energy, the world’s largest privately owned coal company, filed for bankruptcy today, becoming the latest in a series of coal giants to do so. The bankruptcy filing is one of the largest on record in the commodities market. Shares of the energy company fell 75 percent this year, driven by the low demand for […]

“I am well aware that every new coal investment is stealing from my children’s future. Not being able to assure our future feels so sad. Coal power plants are spreading out slowly and sneakily, penetrating into our cells—just like smoke and fume. They poison us without our notice and the worst is, not being aware […]

This week, a giant that had been teetering for many months finally fell, as Peabody Coal officially declared bankruptcy. For market watchers around the globe, this was a decisive movement in the long decline of an industry that once seemed invincible—the New York Times called it “Wall Street’s retreat from King Coal.” For those of […]

Peabody Energy—the nation’s largest investor-owned coal company—declared bankruptcy Wednesday. Among the many consequences: the company’s court-ordered disclosures are likely to yield hard evidence of Peabody’s direct links to climate science denial. After all, that’s what we learned from the bankruptcy filings of two other major U.S. coal companies, Arch Coal and Alpha Natural Resources. The companies’ […]

Europe’s coal industry continues its downward spiral as a quarter of European Union countries have now closed their doors to the dirty energy source. Belgium has become the latest country to shut down its last remaining coal-fired power station, Langerlo. Europe’s coal industry continues its downward spiral as a quarter of European Union countries have […]