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home / news releases / BTU - US Exports of Coal to Europe Jump 46%


BTU - US Exports of Coal to Europe Jump 46%

Coal plants produce one-fifth of global greenhouse gas emissions, which means that this fuel has a greater adverse impact on the environment than any other source. We have seen many countries, especially in Europe, reduce their use of coal in favor of cleaner energies in the recent years. However, the ongoing transition from fossil fuels was not helped by the current energy crisis, and with not enough infrastructure to meet the growing demand for power, many countries reverted back to using coal.

This can be seen in coal exports into Europe from the United States, which have grown by more than 40% to help ease the...

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Stock Information

Company Name: Peabody Energy Corporation
Stock Symbol: BTU
Market: NYSE
Website: peabodyenergy.com

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