coal

Death of US Coal Exemplifies Need for Paradigm Shift for Global Energy System

A new report released Tuesday by the London-based Carbon Tracker Initiative warns that the crash of U.S. coal markets is but a harbinger of things to come for all fossil fuel investments. The report, The U.S. Coal Crash – Evidence for Structural Change (pdf), found that the slump in coal prices has forced more than two dozen U.S. coal companies into bankruptcy …