U.S. Thermal Coal Finds New Life Overseas
Feb 6, 2024
US thermal coal exporters recorded more than $5 billion in overseas sales in 2023, shipping upwards of 32.5 million metric tons of the high-polluting power fuel, according to Reuters, citing data from ship-tracking firm Kpler. These coal export earnings were the second highest since 2017, trailing only behind 2022’s $5.7 billion. This comes as US utility coal usage for electricity generation tumbles to the lowest in this century.
