For the longest time, coal was a primary source of energy for this, that, and everything else in the United States – as well as the world, at large. The reason why coal has been used in so many applications such long periods of time is because it packs more of a punch than just about any other fuel. Some fuels are better – today, there are plenty; of yesteryear, people didn’t have many fuel sources to choose from – but coal is cheap and readily available.
In recent years, coal began phasing out of use as the primary source of energy in the United States of America. Statistics indicate that coal was used for about half of America’s total energy production as recently as 2005. In 2016, thankfully, coal accounted for no more than 35 percent of all energy production in the United States.
As time marches onwards through 2018, coal is being used less frequently, as the world turns to renewable sources of energy that don’t harm the environment, or at least not as nearly as much as coal and its petrochemical counterparts have been scientifically shown to do.
Several coal mining conglomerates failed in 2015. The list is topped with giants Walter Energy, Patriot Coal, and Alpha Natural Resources – they all filed for bankruptcy and went out of business. Arch Coal did the same in 2016.
2017 brought the bankruptcy of Peabody Energy Corporation. Although this company is still in operation, it hasn’t been performing as nearly as well as it could have been. Peabody Energy Corporation was forced to shut down its Navajo Generating Station, which was the largest power plant, period, in the United States, at least west of the Mississippi River.
All considered, more than 200 power plants that use coal have been forced to shut down since the turn of the millennium. This is great news for the environment, and for Stream Energy, as well. Read This Article for more information.
Stream Energy is a contractor that links customers with renewable energy sources. Stream takes its home in Dallas, Texas. The company gets new customers through its direct selling endeavors, with independent contractors that bring business to Stream Energy.
Stream also likes to give back to the community. Stream Energy also provide hope to those in need by supporting our communities and local charities through Stream Cares and the Stream Cares Foundation.