“Operation: Red Dawn” in Boston, USA on 8th February – Part of the Climate Games for COP21
2015 was a bad year for coal. Global coal use fell by up to 5%. Peabody Energy – the world’s largest private coal company – continued its precipitous decline, with a fall in its share price of more than 800% across 4 years.
2016 has got off to an even worse start. The United States’ second largest coal company – Arch Coal – filed for bankruptcy. The Chinese government announced the closure of more than 5,000 coal mines, with 1,000 to go this year. Almost half the UK’s coal power stations have announced closure in the last 12 months.
