clean energy action

President-elect Joe Biden wants to move the U.S. away from fossil fuel development, but he will face some challenges.

  

Environmental group warns that "peak coal" is past

Nov 1, 2013

Amid a slew of disappointing quarterly financial results from Powder River Basin coal companies, some groups are raising questions about the commodity’s long-term viability.

The Boulder-based environmental group Clean Energy Action released a report Wednesday that predicts the country has already passed “peak coal” and that production will continue to decline because of rising costs. They include Powder River Basin coal in that prediction, even though it has the lowest production costs in the country.