U.S. Coal Exports to Europe Increased 26% in 2012

by Colonel on February 7, 2013

“Europe’s use of the fossil fuel spiked last year after a long decline, powered by a surge of cheap U.S. coal on global markets and by the unintended consequences of ambitious climate policies that capped emissions and reduced reliance on nuclear energy.

The new dependence on one of the dirtiest fuels shows just how challenging it is to maintain pressure to go green, analysts and officials say, and demonstrates the far-reaching effects of America’s natural gas boom.

In the United States, natural gas is now frequently less expensive than coal for power, so demand for the hard, black fuel has plummeted. Ships are steaming the coal around the world instead. U.S. coal exports to Europe were up 26 percent in the first nine months of 2012 over the same period in 2011.

Copyright 2013 The Washington Post Company / U.S. Energy Information Administration

” — Michael Birnbaum, Copyright 2013 The Washington Post Company

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