Coal giant Peabody Energy files for bankruptcy as 'new clean industrial era' gathers pace

James Murray
clock •
Coal giant Peabody Energy files for bankruptcy as 'new clean industrial era' gathers pace

World's largest privately owned coal producer files for US bankruptcy protection

Peabody Energy has today filed for Chapter 11 US bankruptcy protection, dealing a further blow to a global coal industry already reeling from low prices and tightening environmental regulations. The...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

'Nationally significant project': Government pumps £100m into Sizewell C project

Insight Climate Collective: Market research industry launches net zero push

Most read
01

'Momentum around this technology is building': British Gas to begin installing home heat pumps

24 January 2022 • 3 min read
02

Global Briefing: Rio Tinto loses lithium mining license in Serbia

21 January 2022 • 7 min read
03

The power skills driving UK business towards net zero

21 January 2022 • 3 min read
04

Spirit of Innovation aircraft smashes electric vehicle speed record

20 January 2022 • 3 min read
05

'Irreparable damage to net zero': Ditching ECO levy would put 30,000 jobs at risk, industry body warns

21 January 2022 • 3 min read

More on Investment

'Nationally significant project': Government pumps £100m into Sizewell C project
Nuclear

'Nationally significant project': Government pumps £100m into Sizewell C project

Business Secretary argues new nuclear projects are critical for enhancing energy security and cutting emissions, but critics argue that level of subsidy support is spiralling

James Murray
James Murray
clock 27 January 2022 • 5 min read
Electric charging solutions received the lion's share of climate tech in transport sector | Credit: iStock
Investment

Study: UK leads Europe in climate tech investment

But funding for decarbonisation innovations needs to be distributed more broadly to target a wider range of economic sectors, new PwC report warns

Cecilia Keating
Cecilia Keating
clock 26 January 2022 • 2 min read
The old days: Markham Colliery, near Bolsover, in 1993. It's No Game / flickr, CC BY-SA
Policy

Can low carbon jobs really level up post-industrial towns? We went to Bolsover to find out

Richard Bull and Ana Rita Domingues, Nottingham Trent University
clock 26 January 2022 • 5 min read