Climate Changed

Europe’s Coal Power Is Going up in Smoke -- Fast

  • Cheaper fuels make plants obsolete in push for fewer emissions
  • After centuries of use, coal burning may disappear in a decade

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The long goodbye for coal in Europe is accelerating as the cost of shifting to green energy plunges.

Companies including Drax Group Plc, Steag GmbH to Uniper SE are closing or converting coal-burning generators at a record pace from Austria to the U.K., made obsolete by competition from cheaper wind and solar power. After more than 500 years of using the carbonaceous rock -- which fueled the industrial revolution even as emissions warmed the atmosphere -- the continent simply can’t afford it anymore and is moving on.